EverBank vs. Neighbors Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
EverBank
Performance Savings
4.05%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
EverBank
Performance Savings
Neighbors Bank
Neighbors Savings Account
4.50%APYDec 6, 2025FDIC InsuredNo MinimumsGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Neighbors Bank
Neighbors Savings Account
Comparison Analysis
Comparing EverBank vs. Neighbors Bank
Why EverBank?
- ✓Available Nationwide
Why Neighbors Bank?
- ✓Higher potential APY (4.50% vs 4.05%) on all balances
- ✓Higher rated Android app (4.4 vs 1.4)
— Key Feature Differences —
Better Returns at $10,000
Neighbors BankNeighbors Bank's Neighbors Savings Account earns more on smaller deposits (approx. $450 vs $405/yr).
Better Returns at $25,000
Neighbors BankNeighbors Bank's Neighbors Savings Account pulls ahead with larger amounts (approx. $1125 vs $1013/yr).
Best for Simplicity
Neighbors BankNeighbors Bank's Neighbors Savings Account offers 4.50% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Neighbors Bank's Neighbors Savings Account pays $45 more interest on a $10,000 balance than EverBank's Performance Savings.
Executive Summary
Neighbors Bank offers the Neighbors Savings Account with a competitive APY of 4.50%, making it the winner in this comparison. This account provides better returns on deposits, with balances up to $250,000 earning the stated APY, while amounts above that earn 0.05% APY. Additionally, there are no direct deposit requirements or maintenance fees, enhancing its appeal for simplicity. In contrast, EverBank's Performance Savings account offers an APY of 4.05%, also with no minimum deposit or maintenance fees, but it is an online-only product. Notably, Neighbors Bank's account is not available in Delaware.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both EverBank and Neighbors Bank.
| Feature | EverBank | Neighbors Bank |
|---|---|---|
| APY | 4.05% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 4.50% Verified: 12/6/2025 ↘︎ 0.10%90d Change |
| Product Name | Performance Savings | Neighbors Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| 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 | iOS2.3 Android1.4 | iOS3.3 Android4.4 |
| BBB Rating | A+ | A+ |
| Important Notes | - | Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY. |
| Next Steps |
Savings Comparison
Neighbors Bank earns $293.1 more than EverBank.
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$2,467.00(12.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,467.00
Neighbors Bank
Neighbors Savings Account
Savings Breakdown
- Interest Earned+$2,760.10(13.3%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,760.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | Neighbors Bank |
|---|---|---|
| Performance Savings | Neighbors Savings Account | |
Current APY | 4.05% | 4.50% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.3 | -1.5 |
Days Since Change | 78 | 53 |
9-Month High | 4.30% | 4.75% |
9-Month Low | 4.05% | 4.50% |
Adjustments / Mo | 0.11 | 0.21 |
Volatility Score | 0.028 | 0.012 |
How to read these metrics(Click to expand)
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