Featured Savings Rates
Featured Accounts


Popular Accounts at this Bank

1.75%5-year CD5 Year Yield Pledge CD
1.55%4-year CD4 Year Yield Pledge CD
1.75%5-year IRA5 Year Yield Pledge IRA (Traditional, Roth)

Overview / Commentary
501 Riverside Ave.
Jacksonville, FL 32202

EverBank is a Florida-based financial institution that operates through both an online banking division and physical branches. The bank has several subsidiaries that offer various financial services in addition to banking, including wealth management, insurance, and commercial finance.

A high-yield checking and a business checking account are available on EverBank’s personal banking side. The high-yield checking account has a minimum initial deposit requirement, no monthly fees, and if a higher minimum balance is kept, unlimited ATM reimbursements. This checking account typically features one of the highest interest rates in the country in the checking category.

EverBank also offers a high-yield money market and Certificate of Deposit (CD) account to help consumers grow their savings. The money market account functions like a typical savings account and allows up to six withdrawals per month without a fee. The MMA has a very competitive interest rate and has no monthly fee, as well. CDs and IRA CDs are available in term lengths ranging from 3 months to 5 years and automatically rollover into a new CD at the end of a term. DepositAccounts.com has featured EverBank’s CDs repeatedly in the past, and in the summer of 2013 recognized the bank for its top-of-the-market 5-year CD rate. The bank also offers wealth management and brokerage services, as well as accounts that invest in precious metals.

EverBank online banking provides a sophisticated and secure platform for customers to perform account management tasks like paying bills, transferring funds, monitoring account activity, and checking account balances. The bank has also released a mobile banking app that makes it easy to perform these task on the run from a smartphone or tablet device.

EverBank is a publicly traded company (NYSE: EVER) that was originally established as First Alliance Bank with the FDIC in 1998. Shortly after being founded, the bank acquired Mercantile Bank’s world currency division in order to offer accounts that consist of foreign currencies. The bank is headquartered in Jacksonville, Florida, and operates several branches around the city as well as across the state of Florida.

Related Posts

EverBank Expands Its Yield Pledge MMA/Checking Rate Guarantee - 6/17/2016

EverBank has changed its intro rate guarantee to 1 year for Yield Pledge MMA (1.11% APY) and Yield Pledge Checking (1.11% APY). For new clients with new money.

As Of 1/8/2016 The 2.45% Rate Is Gone - 1/7/2016

It is now 2.32%  (2.35 APY)   On the Everbank rate page, it states that as of 1/8/2016 the current rate is 2.34% That 2.45% sure didn't last long.  I applied yesterday, but my CD isn't yet funded.....a phone call to a CSR assured me that my rate at 2.45 was "locked in" because I opened it yesterday.  We'll see.

EverBank Starts The Year With Yield Pledge CD Rate Hikes - 1/2/2016

EverBank has increased rates on most of its Yield Pledge CDs, including the 5-year Yield Pledge CD/IRA (2.45% APY). Minimum deposit is $2.5K, with no balance cap.

View all posts from:

12/5/13 - 5-Year Rate Increase
11/15/13 - EverBank’s New 5-Year CD Rate and Its Rollercoaster Rate History
11/14/13 - 5-Year CD Back To 2.01% APY
10/25/13 - CD Rate Cuts
9/3/13 - IRA CDs, Trust and Custodial Accounts at EverBank
8/25/13 - EverBank To Pay $43 Million In Foreclosure Settlement
8/21/13 - EverBank's MarketSafe Evolving Economies CD - Is It a Good Deal?
7/26/13 - EverBank’s 5-Year CD Is New Rate Leader
7/19/13 - Higher Long-Term CD Rates at EverBank - Available Nationwide
4/2/13 - EverBank’s Deposit Deals Also Available At Its Florida Branches
12/27/12 - Replacing Savings Accounts with an Interest Checking Account
12/18/12 - Online Banks That Accept Non-Resident Alien Customers
6/7/12 - Top Savings & Money Market Rates with Rate Guarantees
6/4/12 - EverBank Raises 6-Month Intro Rate on Its Checking & Money Market Accounts
5/1/12 - EverBank's Pending IPO - Biggest Bank IPO Of 2012
3/13/12 - Flexible CDs and Savings Accounts with Rate Guarantees
3/6/12 - EverBank Brings Back Money Market & Checking Intro Rate Special
10/21/11 - EverBank Offers Checking Account Promo to Win Over Megabank Customers
8/25/11 - The Search for Higher Rates - Foreign Currency CDs
5/9/11 - Pros and Cons of Foreign Currency CDs and Bank Accounts
2/24/11 - Best Rates for Business Checking, Savings and Money Market Accounts
2/21/11 - EverBank's MarketSafe Diversified Commodities CD - Is It a Good Deal?
2/16/11 - Best Internet Checking Accounts That Offer Paper Checks
12/19/10 - Higher Long-Term CD and IRA CD Rates at EverBank - Available Nationwide
11/5/10 - Everbank Cuts Money Market Intro Rate And Ongoing Rate
10/5/10 - Some Useful Features at EverBank's New Website
9/22/10 - Internet Checking Accounts with the Best Interest Rates
8/31/10 - EverBank's MarketSafe Currency Returns CD - Is It a Good Deal?
8/27/10 - Internet Savings Accounts - Is Rate Chasing Still Worthwhile?
8/9/10 - Review Of Everbank's Remote Deposit Service
7/27/10 - EverBank's $75 Bonus on Top of its 2.25% 3-Month Intro Rate
6/6/10 - EverBank's MarketSafe Diversified Metals CD
6/4/10 - EverBank Provides Details for Bank of Florida Customers
3/15/10 - EverBank's Foreign Currency CDs and Other Alternatives?
2/13/10 - Review of EverBank's CDs, Money Market and Checking Accounts
1/5/10 - Rate Cuts at EverBank
7/30/09 - Review of Market-Indexed CDs
6/2/09 - EverBank Increases 3-Month Promo Rate for its Money Market and Checking Account
5/4/09 - Higher Monthly Fees and Minimum Balance Requirements for EverBank's Yield Pledge Money Market Account
3/22/09 - Lessons from the Stanford Financial Mess and Foreign CD Options
12/16/08 - $40 Checking Account Bonus for Opening EverBank's Checking Account
11/23/08 - Update on EverBank's Money Market Account and CDs
11/1/08 - Update on EverBank's Money Market and Checking Accounts
9/26/08 - Higher CD Rates at EverBank
7/1/08 - EverBank Raises Checking and Money Market Account Rates
6/20/08 - 4.06% 12-month CD at EverBank - Available Nationwide
3/28/08 - More Savings Account Rate Cuts - Provident, Zions, WaMu and Others
11/1/07 - Falling Savings Account Rates: ING Direct, EverBank, Zions Bank
10/26/07 - Review of EverBank's Checking and Money Market Account Promotions
9/17/07 - EverBank Cancels NetBank Acquisition
7/29/07 - EverBank's World Currency CDs - My Interview with EverBank's Executive Frank Trotter
5/27/07 - EverBank Update - the Other 6% Savings Account Promo
10/3/06 - 6.01% 3-Month Promo Now Available for Everbank's Money Market Account
9/1/06 - EverBank Ups Checking Account Promo - 6.01% for 3 Months
4/1/06 - EverBank's New Checking Account Promo - 5.51% for 3 Months
12/30/05 - EverBank Ups Checking Intro Rate to 5.01%

Have Been Using Them For 5 Years, Excellent Service

Posted by: sangre | Nov 23, 2011

I switched to Everbank from Wachovia about 5 years ago, and haven't entered a bank since. Couldn't be happier. 

Free checking and savings accounts, easy online access, and I love mailing my checks in (using prepaid envelopes) rather than going to a bank to deposit them.

I've also used ING. Their online interface is slightly more user-friendly, and they make it very easy to set up different accounts for different savings goals. However, you still need a brick and mortar bank to use ING, because they don't accept deposits. Everbank supplies you with pre-paid envelopes to send in your checks.

ING does offer you free ATM withdrawals from select ATM's, which is nice. Everbank only reimburses you if you have $6,000 in your account.

Is Your Everbank Texas Ratio Inaccurate?

Your review here shows a Texas Ratio of 23.22, but BestCashCow.com shows it as 91.66, a dangerous ratio.
Everbank's Q3 reports shows total NPA and TDR as 256,850,000. (http://phx.corporate-ir.net/phoenix.zhtml?c=240813&p=irol-newsArticle&ID=1870647).

Who's right?

Take A Look At Their Fees Before Grabbing The High Interest

Posted by: moore2772 | Dec 14, 2013

Their fees are actually even higher than the big banks for things like bill pay, writing checks, etc. Study the website before taking the bait chasing interest rates.

Never Bank With Ever Bank

Posted by: MMA | Jun 10, 2016

For Internet Bank, providing excellent customer service to remote customer is very important so customer feels comfort to invest money in a bank which is not locally accessible

When I link my Everbank accounts with local bank account to facilitate deposit or withdrawal, external banks made test debit and credit transaction in cent to verify Everbank bank account and Everbank charged me $10 Maintenance Fee for this.

So, I contacted EverBank Customer Service and given justification that you can see that, these were test transaction initiated by external bank to setup Bank to Bank transfer, and customer service representative told me that, Ok as a courtesy we are giving you $10 Fee refund one time...

You may think that, "Good we are done, and $10 Credit should be posted in next 2-3 days", as this is what we expect in US Customer Service, but with Everbank it does not work that way, they expect you to drag your nose for $10 matter.

Even CSR said she is giving $10 credit, I did not see refund credit posted on account for next 10 days so I had to call them total 3 time for $10 refund, on each call, you need to start story from zero with CSR and spend 10 minutes on each call to explain and justify what and why and repeat same thing again on next call.

I thought this is will be just one time experience. but next month, when I made internal transfer between my multiple MMA account (under same ownership), they again charged me same $10 Fee....

and again I had to call me 3 times to explain them that, this is internal transfer between my one Everbank account to my another Everbank account, how can you even charge me for this...

For this same matter again, when CSR confirmed me that, she is giving me one time refund as this was internal transaction, but when I did not see if for long time, From my account, I sent EverBank customer service internal message by using their online messaging system, I described them everything in detail and asked to refund $10 which is pending...

In return response, instead of addressing $10 refund issue, their customer service staff is even asking me to first send them my personal security code in the message, so they can verify my request.... Give me a break !!! Bank staff even asking to you to reveal your personal security code in email communication ? They can easily see that, this message was initiated internally after logging to my online bank account, and all these just hurdle just for refunding $10 matter ???

Security codes are only to verify other side person on the phone, Security codes are not for sending them in the email message, so any CSR who reads or refers communication in the future, can know and can steal person's security code,

This is very common sense for banking industry.....

Finally, I dumped EverBank...Who knows, tomorrow what new fee they will charge me and how many calls I will have to make to deal with them....

There is lot more for them to learn on what is called "Customer Relationship"...



Health Grade Components

FDIC Certificate #34775
Year Established1998
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.47%
Return on Equity - YTD6.01%
Annual Interest Income$238.9MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$26.63B$23.34B
LoansQ1 2016vs Q1 2015$23.81B$20.33B
DepositsQ1 2016vs Q1 2015$19.11B$16.16B
Equity CapitalQ1 2016vs Q1 2015$2.12B$1.79B
Loan Loss AllowanceQ1 2016vs Q1 2015$83.5MM$62.8MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$133.3MM$80.0MM
Real Estate OwnedQ1 2016vs Q1 2015$543.2MM$450.9MM
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not EverBank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

EverBank Savings Account Rates

0.61%--Yield Pledge Savings
0.51%--Basic Savings

EverBank Money Market Rates

1.11%*-$150kYield Pledge Money Market - First Time Client (1st Yr)
OTHER TIERS: 0.62% $150k - $10mm
0.61%-$10mYield Pledge Money Market - Ongoing Client
0.56%*$1m*-Business Money Market
OTHER TIERS: 0.20% Up to $10k | 0.36% $10k - $100k | 0.46% $100k - $1mm

EverBank Checking Account Rates

1.11%*-$100kYield Pledge Checking - First Time Client (1st Yr)
OTHER TIERS: 0.62% $100k - $10mm
1.11%*-$100kSmall Business Checking - First Time Client (1st Yr)
OTHER TIERS: 0.57% $100k - $10mm
0.61%*$100k*$10mYield Pledge Checking - Ongoing Client
OTHER TIERS: 0.25% Up to $10k | 0.36% $10k - $25k | 0.41% $25k - $50k | 0.51% $50k - $100k
0.56%*$1m*-Business Interest Checking
OTHER TIERS: 0.20% Up to $10k | 0.35% $10k - $100k | 0.45% $100k - $1mm
0.56%*$100k*$10mSmall Business Checking - Ongoing Client
OTHER TIERS: 0.20% Up to $10k | 0.31% $10k - $25k | 0.36% $25k - $50k | 0.46% $50k - $100k
0.56%*$100k*-Non-Profit Checking
OTHER TIERS: 0.20% Up to $10k | 0.31% $10k - $25k | 0.36% $25k - $50k | 0.46% $50k - $100k

EverBank CD Rates

1.75%$1,500-5 Year Yield Pledge CD
1.75%$1,500-5 Year Business CD
1.55%$1,500-4 Year Yield Pledge CD
1.55%$1,500-4 Year Business CD
1.40%$1,500-3 Year Yield Pledge CD
1.40%$1,500-3 Year Business CD
1.30%$1,500-2.5 Year Yield Pledge CD
1.30%$1,500-2.5 Year Business CD
1.27%$1,500-2 Year Yield Pledge CD
1.27%$1,500-2 Year Business CD
1.23%$1,500-1.5 Year Yield Pledge CD
1.23%$1,500-1.5 Year Business CD
1.15%$1,500-1 Year Yield Pledge CD
1.15%$1,500-1 Year Business CD
0.92%$10k$5m3 Year CDARS CD
0.92%$10k$5m3 Year Business CDARS CD
0.92%$1,500-3 Year LIBOR Index CD
0.92%$1,500-Business 3 Year LIBOR Index CD
0.90%$1,500-9 Month Yield Pledge CD
0.90%$1,500-9 Month Business CD
0.85%$1,500-6 Month Yield Pledge CD
0.85%$10k$5m2 Year CDARS CD
0.85%$1,500-6 Month Business CD
0.85%$10k$5m2 Year Business CDARS CD
0.72%$10k$5m1 Year CDARS CD
0.72%$10k$5m1 Year Business CDARS CD
0.70%$1,500-3 Month Yield Pledge CD
0.70%$1,500-3 Month Business CD
0.63%$10k$5m6 Month CDARS CD
0.63%$10k$5m6 Month Business CDARS CD
0.56%$10k$5m3 Month CDARS CD
0.56%$10k$5m3 Month Business CDARS CD

EverBank IRA Rates

1.75%$1,500-5 Year Yield Pledge IRA
1.55%$1,500-4 Year Yield Pledge IRA
1.40%$1,500-3 Year Yield Pledge IRA
1.30%$1,500-2.5 Year Yield Pledge IRA
1.27%$1,500-2 Year Yield Pledge IRA
1.23%$1,500-1.5 Year Yield Pledge IRA
1.15%$1,500-1 Year Yield Pledge IRA
0.90%$1,500-9 Month Yield Pledge IRA
0.85%$1,500-6 Month Yield Pledge IRA
0.70%$1,500-3 Month Yield Pledge IRA

EverBank Locations
Oceanway Branch104 New Berlin RoadJacksonville, FL 32218
Ashleigh Plaza Branch10400-01 San Jose BoulevardJacksonville, FL 32257
Bank Of Florida-Southwest Branch1185 Immokalee RoadNaples, FL 34110
Coral Gables Branch20 Giralda AvenueCoral Gables, FL 33134
North Broward Branch2521 East Commercial BlvdFort Lauderdale, FL 33308
Clearwater Branch6417 U.S. Highway 19 NorthClearwater, FL 33761
Jacksonville Branch501 Riverside AveJacksonville, FL 32202
Boca Raton Branch595 South Federal Highway, Suite 100Boca Raton, FL 33432
Daniels Branch6321 Daniels ParkwayFort Myers, FL 33912
Normandy Branch7749 Normandy BlvdJacksonville, FL 32221