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midas89's avatar

Someone posted the following: "Just received an email from Evergreen. They will be ending the High Yield Savings account on August 15th. Funds remaining on the savings account after August 15th will be moved to the checking account."

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JaBr's avatar

Can confirm, received the same email and customer support confirmed the change. The HY Checking will remain at 4% as well.

Onto the next HYSA.

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midas89's avatar

As of this writing, if you go to https://www.evergreenwealth.com/savings there is only a Talk to an Advisor thing to click. There is no direct sign-up online to click anymore at that page that will lead to just getting the savings or checking account.

From the site: "You’ll be matched with a dedicated Financial Advisor at Evergreen Wealth. They’ll guide you through a personalized plan that includes investment advice, retirement planning, and high-net-worth wealth management — all with a strong focus on tax efficiency, from reducing capital gains to optimizing your 401k withdrawals."

"If it feels like the right fit, your advisor will walk you through the next steps to open your Evergreen Wealth account.

From there, you’ll begin building a tailored financial strategy — including tax-smart retirement planning, long-term investing strategies, and support with wealth transfer, charitable giving, and tax reduction."

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midas89's avatar

Someone posted the following today: "Just spoke with an Evergreen advisor. Their high-yield savings account is no longer being offered as a standalone product. They now only offer a high-yield cash account bundled with their financial advisement services."

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Kent C. Jamison's avatar

Arghhhh ... but I'm not surprised. The "You’ll be matched with a dedicated Financial Advisor at Evergreen Wealth" from your previous comment was a pretty good indication the savings account's availability was going to changed, and not for the better. Thanks for letting me know.

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