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
|
|
Statement Savings |
Jr. Statement Savings |
Holiday Club 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. |
Everybody |
|
Minimum Opening Deposit |
$0.01 |
$0.01 |
$5.00 |
|
Minimum Daily Balance Requirement |
$300 MINIMUM Daily Balance |
None |
None |
|
Monthly Maintenance Fee (If Minimum Balance Requirement not Met) |
$3.00
|
None |
None |
|
Minimum to Earn Interest |
$100.00 |
$0.01 |
N/A |
|
Statements |
Quarterly (Monthly if Electronic Activity) |
Quarterly (Monthly if Electronic Activity) |
None |
|
Other |
Reg D Applies – Maximum of 6 third party payments. Also includes internet/online transfers to same account. No check writing privileges. |
Reg D Applies – Maximum of 6 third party payments. Also includes internet/ online transfers to same account. No check writing privileges. |
Balance of account is transferred to your Evans Bank checking account every October so you can start your holiday shopping early. |
Consumer Money Market and CDs
|
|
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 |
$5,000 |
$1,000 |
None |
|
Monthly Maintenance Fee (If Balance Requirement is 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, a maximum of 6 Payments to Third Parties may be made each Month. Minimum Check Amount - $500.00. |
Because of Federal Regulations, a maximum of 6 Payments to Third Parties may be made each Month. |
Terms range from 30 Days to 5 Years. |
Banking Resources
The following resources are available to assist you with your banking needs:
Personal Banking Online Demo - Walk thru of Evans Online Banking
Better Checking - Video overview of Better Checking product
Switch Kit - Document to assist in moving your banking relationship to Evans
Financial Calculators - Resource tool to help estimate costs and percentages
Reorder Checks - Convenient online reorder tool
Contact your local Bank branch for more information on any of our banking products and services, or to set up an appointment to discuss your own unique situation.
