Competitive - Tiered Interest Rates
Competitive, tiered interest rates paid on balances of $500 or more with larger balances automatically receive higher rates.
Monthly Imaged Statements
Receive a detailed account statement every month for easy tracking of your accounts.
Unlimited Free Withdrawals in Person
Transfers to another account or third party by preauthorized, automatic, telephone, or computer are limited to 6 per calendar month ($10 excess withdrawal fee for each additional transaction).
Free Digital Banking
Bank anytime, anywhere with our secure online and mobile banking.
eStatements
Secure, convenient, and easy access to your account statements online anytime.
Two Different Money Market Accounts to Choose from
Avoid $15 Monthly Service Charge by Maintaining a $25,000 Minimum Balance with Executive Money Market Account
Direct Check Writing Available - Debits and Checks Follow Transfer Limits
Avoid $10 Monthly Service Charge by Maintaining a $2,500 Minimum Balance with Regular Money Market Account
Optional Free Visa® Debit Card*
Monthly Imaged Statements
$100 Minimum Deposit to Open
Direct Deposit Available
Money Market Accounts
Experience the power of higher returns.
Our FDIC-insured Money Market accounts offer both security and the opportunity to earn more, making it easy to grow and access your savings with confidence.
Money Market Account
Take your savings account to the next level with a higher rate of return. In addition to making you some extra cash, our money market accounts allow you to access your funds so you can break into your virtual piggy bank on those rainy days.
Like all of our accounts, our Money Market accounts are FDIC insured, so you can feel confident your money is in good hands.
Money Market Account
Two great options to fit your needs while benefiting from competitive tiered interest rates.
Comparison Snapshot
A Savings Account Tailored to Your Needs
Compare our personal savings accounts side by side to find the best fit for your banking needs. See features, benefits, and fees at a glance to make your choice easy.
Account | Minimum Opening Deposit | Minimum Balance Requirement | Monthly Service Charge (or fees) | Free Online Banking and Mobile Banking | Interest Earned | Access to MoneyPass Network |
|---|---|---|---|---|---|---|
Community Savings | $100 | $100 | $3 if minimum balance not met | ✔️ | ✔️ | ✔️ |
Money Market | $100 | $2,500 | $10 if minimum balance not met | ✔️ | ✔️ | ✔️ |
Executive Money Market | $100 | $25,000 | $15 if minimum balance not met | ✔️ | ✔️ | ✔️ |
Health Savings Accounts | $100 | $200 | $7 if minimum balance not met | ✔️ | ✔️ | ✔️ |
Student Savings | $10 | None | None | ✔️ | ✔️ | ✔️ |
Custodial (UTMA) Account | $10 | None | None | ✔️ | ✔️ | ✔️ |
What is a high yield savings account?
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A high yield savings account is a type of savings account that offers a higher interest rate compared to traditional savings accounts. This means your money earns more interest over time, helping you grow your savings faster. High yield savings accounts are a great option if you want to maximize your earnings while still keeping your funds safe and easily accessible.
At D.L. Evans Bank, our high yield savings accounts are designed to help customers make the most of their money. These accounts typically have competitive interest rates and may require a higher minimum balance to open or maintain the account.
If you’re interested in earning more on your savings, stop by your local D.L. Evans Bank branch or chat with one of our Digital Bankers to learn more about our current high yield savings options and how they can fit your financial goals.
What is the advantage of having a savings account?
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A savings account offers several important advantages for managing your finances. First, it provides a safe and secure place to set aside money for future needs, emergencies, or specific goals—such as a vacation, a new car, or education expenses. At D.L. Evans Bank, your savings are federally insured up to the allowable limits, giving you peace of mind.
Additionally, savings accounts earn interest, helping your money grow over time without any risk to your principal balance. Having a separate savings account also makes it easier to track your progress toward your financial goals and avoid the temptation to spend funds that are meant to be saved.
With many different types of savings accounts we have one to fit your financial goals.
Do savings accounts earn interest?
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Yes, savings accounts at D.L. Evans Bank do earn interest. When you open a savings account with us, your money grows over time through interest that is paid regularly and added to your account balance.
For more information about our current savings account interest rates, or to find the best savings option for your financial goals, please visit your local D.L. Evans Bank branch, or connect with one of our Digital Bankers through Video Banking. Our team is always happy to help you make the most of your savings.
What do I need to open a savings account?
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To open a savings account, you’ll need a few key items:
A valid, government-issued photo ID (like a driver’s license or passport)
Your Social Security Number
Proof of address (such as a utility bill or lease agreement)
The required initial deposit (amount varies by account)
For any account-specific requirements or further assistance, please visit a branch or speak with one of our Digital Bankers.
How to open a savings account?
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You can open a new savings account online, in person at any D.L. Evans Bank branch, or via a video call with one of our Digital Bankers for a seamless, personalized experience.
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