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