EverBank vs. MutualOne Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | EverBankPerformance Savings Jan 12, 2026 | MutualOne BankMo Premium Savings Jan 12, 2026 |
|---|---|---|
| APY | 3.90% | 4.07% |
Est. Earnings | $5,000+$195 $10,000+$390 $25,000+$975 | $5,000+$0 $10,000+$0 $25,000+$1,018 |
Min Deposit | $0 | $20,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
Comparison Analysis
Comparing EverBank vs. MutualOne Bank
As of EverBank offers an APY of 3.90% for its Performance Savings account, with a minimum balance of $0, compared to MutualOne Bank's 4.07% APY for its Mo Premium Savings account, with a minimum balance of $20,000.
MutualOne Bank pays $17 more than EverBank on a $10,000 balance after one year. EverBank pays $390, while MutualOne Bank pays $407 - an APY advantage for MutualOne Bank.
In addition, MutualOne Bank also offers 0.40% APY for the Online Savings account, with a minimum balance of 0.
Why EverBank?
- ✓Higher rated Android app (4.8 vs 4.4)
Why MutualOne Bank?
- ✓Higher potential APY (4.07% vs 3.90%)
— Key Feature Differences —
Better Returns at $10,000
EverBankEverBank's Performance Savings earns more on smaller deposits (approx. $390 vs $0/yr).
Better Returns at $25,000
MutualOne BankMutualOne Bank's Mo Premium Savings pulls ahead with larger amounts (approx. $1018 vs $975/yr).
Shared Benefits
Over a 1-year period, MutualOne Bank's Mo Premium Savings pays $17 more interest on a $10,000 balance than EverBank's Performance Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
EverBank offers a competitive Performance Savings account with an APY of 3.90%, which is available online and requires no minimum deposit or maintenance fees. This account is particularly advantageous for smaller deposits, yielding better returns compared to MutualOne Bank's offerings. In contrast, MutualOne Bank features the Mo Premium Savings account with a higher APY of 4.07%, but it requires a minimum deposit of $20,000. While the Mo Premium Savings account provides a higher yield for larger deposits, the Performance Savings account is more accessible for those with smaller amounts to invest.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
EverBank vs. MutualOne Bank Savings Calculator
You earn $34 more with MutualOne Bank than EverBank on a $20,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$780.00(3.8%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,780.00
MutualOne Bank
Mo Premium Savings
Savings Breakdown
- Interest Earned+$814.00(3.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,814.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | EverBank | MutualOne Bank |
|---|---|---|
| APY | 3.90% Verified: 1/12/2026 ↘︎ 0.15%90d Change | 4.07% Verified: 1/12/2026 Stable (90d) |
| Product Name | Performance Savings | Mo Premium Savings |
| Minimum Deposit | $0 | $20,000 |
| Min. Balance for APY | $0 | $20,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.6 Android4.8 | iOS4.9 Android4.4 |
| Zelle® Support | Available Native integration verified. | Available Verified via website and app descriptions. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at EverBank Non-sponsored link to official site | Visit SiteVerify at MutualOne Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | MutualOne Bank | |
|---|---|---|---|
| Performance Savings | Online Savings | Mo Premium Savings | |
Current APY | 3.90% | 0.40% | 4.07% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -5.5 | 0.0 | -0.0 |
Days Since Change | 24 | 119 | 119 |
4-Month High | 4.30% | 0.40% | 4.07% |
4-Month Low | 3.90% | 0.40% | 4.07% |
Adjustments / Mo | 0.49 | 0.00 | 0.00 |
Volatility Score | 0.021 | 0.000 | 0.000 |
How to read these metrics(Click to expand)
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