Personal Savings
Whether you’re a small saver or have a significant nest egg, Evans Bank has an account for you. All of our savings accounts feature competitive interest rates, free online banking, and toll-free telephone banking.
Consumer Savings Products
| Features | Statement Savings | Jr. Statement Savings |
|---|---|---|
|
Available to: |
Everybody |
Children under 21. Once the account holder reaches the age of 21 the account changes to a Statement Savings account where fees and minimum balance restrictions may apply. |
|
Minimum Opening Deposit | $0.01 |
$0.01 |
|
Minimum Daily Balance Requirement (MDB) |
$300 MINIMUM Daily Balance |
None |
|
Monthly Service Charge (If MDB not met) |
$3.00 |
None |
|
Minimum to Earn Interest |
$100.00 |
$0.01 |
|
Statements |
Quarterly(Monthly if Electronic Activity) |
Quarterly(Monthly if Electronic Activity) |
|
Other |
Reg D Applies – Limited to 6 electronic withdrawals from the account each month. Also includes internet/online transfers to the same account.No check writing privileges. |
Reg D Applies – Limited to 6 electronic withdrawals from the account each month. Also includes internet/online transfers to the same account.No check writing privileges. |
| Interest Rate See Current Rates |
N/A |
N/A |
Open a Statement Savings account online
Consumer Money Market and CDs
| Features | Evans Choice Money Market Savings | Certificate of Deposit* |
|---|---|---|
|
Requirements for Opening |
$5,000 |
$500 |
|
Minimum Daily Balance Requirement (MDB) |
$5,000 |
None |
|
Monthly Service Charge (If MDB not met) | $15.00 |
None |
|
Check Writing Available |
Yes |
No |
|
Minimum to Earn Interest |
$5,000 |
$500 |
|
Interest Crediting | Compounded Monthly, Credited Monthly |
Compounded Quarterly,Credited Quarterly |
|
Statements |
Monthly |
At Maturity |
|
Other | Maximum of 6 third party payments per statement cycle. Minimum check amount $500.00 |
Terms range from 30 Days to 5 Years. |
*Fees could reduce earnings. Early withdrawal penalty may apply. Rates subject to change without notice. Minimum balance to open an account is $500.