Consumer Savings Rates
The consumer savings rate looks at the minimum balance of personal savings accounts and the annual percentage yield. This information will help you pick the right savings account and keep you in control of your financial independence.
| Account | Minimum Balance | Annual Percentage Yield1 |
| Evans Choice Money Market2,7 | $5,000 – $24,999.99 $25,000 – $49,999.99 $50,000 – $99,999.99 $100,000 and over |
0.05% 0.05% 0.10% 0.15% |
| Statement Savings3,8 | $100 and over | 0.03% |
| Junior Statement Savings6,8 | $0.01 | 0.03% |
| Evans | One Savings4,7 | $1,000 – $9,999.99 $10,000 – $49,999.99 $50,000 – $99,999.99 $100,000 and over |
0.20% 0.30% 0.40% 0.50% |
| Orange Saver5,7 | $0.01 – $20,000 $20,000.01 and over |
4.00% 0.75% |
1Annual Percentage Yield (APY) accurate as of 11/1/2024 and subject to change after account is opened. Fees may reduce earnings.
2Minimum deposit of $5,000.00 to open this account. Maintenance fee of $15.00 imposed each month the daily balance on any day falls below $5,000.00. Must maintain a minimum balance of $5,000.00 each day to obtain the disclosed APY. Earn 0.15% APY on balances over $100,000.00; earn 0.10% APY on balances $50,000.00-$99,999.99; earn 0.05% on balances $25,000.00-$49,999.99; earn 0.05% on balances $5,000.00-$24,999.99; and, balances under $5,000.00 do not earn interest.
3Maintenance fee of $4.00 imposed each month the daily balance on any day falls below $300.00. Must maintain a minimum balance of $100.00 each day to obtain the disclosed APY.
4Minimum deposit of $1,000.00 to open this account. You must maintain an Evans One checking account. If you close your Evans One checking account, this account will be converted to a Statement Savings account. Must maintain a minimum balance of $1,000.00 each day to obtain the disclosed APY. Earn 0.50% APY on balances over $100,000.00; earn 0.40% APY on balances $50,000.00-$99,999.99; earn 0.30% on balances $10,000.00-$49,999.99; earn 0.20% on balances $1,000.00-$9,999.99; and, balances under $1,000.00 do not earn interest.
5You must have a linked Orange Advantage Checking or Orange Cash Back Checking account in order to open an Orange Saver account, and the linked checking account must remain open throughout the period that you hold the Orange Saver account. When qualifications are met in the Orange Advantage Checking or Orange Cash Back Checking; earn 4.00% APY on balances up to $20,000.00; and, for balances over $20,000.00, APY ranges from 4.00%-0.75% APY, depending on the balance. If qualifications are not met, all balances earn 0.03% APY. Qualifications: You must have at least 15 debit card purchase transactions post and settle, enroll to receive e-statements on this account via online banking, and make 1 direct deposit, or automatic debit, or online bill pay transactions during the monthly qualification cycle. Transactions may take more than one banking day from the transaction date to post and settle. “Monthly Qualification Cycle” means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
6No minimum balance. At age 21, account will convert to a Statement Savings account.
7Interest on the Evans Choice Money Market, Evans | One Savings, and Orange Saver accounts will be compounded daily and credited to the account monthly. If you close your account before interest is credited, you will not receive the accrued interest.
8Interest on the Statement Savings and Junior Statement Savings accounts will be compounded daily and credited to the account quarterly. If you close your account before interest is credited, you will not receive the accrued interest.
