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
Open a Statement Savings account online
| 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 | N/A | N/A | See Current Rates |
Consumer Money Market and CDs
Open a Better Money Market account online
Open a CD online
| Features | Premium Money Market Savings | Better Savings | Certificate of Deposit* |
|---|---|---|---|
| Requirements for Opening | $5,000 | $1,000 AND Consumer Checking w/Direct Deposit | $500 |
| Minimum Daily Balance Requirement (MDB) | $5,000 | $1,000 | None |
| Monthly Service Charge (If MDB not met) | $12.00 | $12.00 | None |
| Check Writing Available | Yes | No | No |
| Minimum to Earn Interest | $5,000 | $1,000 | $500 |
| Interest Crediting | Compounded Monthly,
Credited Monthly |
Compounded Daily,
Credited Monthly |
Compounded Quarterly,
Credited Quarterly |
| Statements | Monthly | Monthly | At Maturity |
| Other | Because of Federal Regulations, limited to 6 electronic withdrawals from the account each month. Minimum Check Amount – $500.00. | Because of Federal Regulations, limited to 6 electronic withdrawals from the account each month. | 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.
