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EverBank Completes Acquisition of Tygris

Thursday, February 11, 2010 - 2:17 PM
From Jacksonville Business Journal
EverBank Financial Corp. reported closing on the half-billion-dollar capital injection from acquiring Tygris Commercial Finance Group Inc.
According to EverBank's press release
The Tygris acquisition provides EverBank with substantial growth capital to continue to offer high-credit-quality residential loans, retail deposit products and specialized financing as well as pursue other strategic acquisition opportunities.
Perhaps this will help EverBank keep their deposit rates competitive. Their 5-year CD rate is currently near the top of our nationwide 5-year CD rate list.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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