Featured Savings Rates
Featured Accounts


Popular Accounts at this Bank

2.65%5-year CD5 Year Yield Pledge CD
2.50%4-year CD4 Year Yield Pledge CD
2.00%1-year CD1 Year Yield Pledge CD

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 Ups Guaranteed Money Market Rate - 9/2/2017

EverBank (internet bank) has raised the 1-Year Intro Rate on its Yield Pledge Money Market (1.31% APY), which is available only to first-time account holders.

EVERBANK Raises Money Market Rate (12 Month Intro Rate) - 9/1/2017

EVERBANK has increased their money market rate to 1.31% APY. However for people like me who started their money market at 1.11%, they will not raise the rate.

CD Rate Increases - 6/30/2017

There are some modest, but noteworthy, rate increases, such as: 2-Year--1.81% APY (up from 1.70%) 3-Year--2.00% APY (up from 1.92%) 4-Year--2.15% APY (up from 2.00%) 5-Year--2.30% APY (up from 2.25%)

View all posts from:

10/6/14 - Everbank's 3 Year Marketsafe BRICS CD Is Not A Certificate Of Deposit At All
10/2/14 - Everbank 5 Year CD Rate Drop
9/26/14 - EverBank’s New 5-Year CD Rate is Near the Rate Leaders
9/25/14 - Everbank 5 Year CD Rate Bump
6/5/14 - Everbank 5 Year CD Rate Increase
6/3/14 - EverBank Increases 6-Month Intro Rate on Its Checking & Money Market Accounts
5/22/14 - Everbank 5 Year CD Rate Drop
5/11/14 - EverBank's 5 Year MarketSafe Treasury CD Is An Awful Investment
5/7/14 - Everbank Treasury Yield Based - 5 Year CD
4/25/14 - Big Increases on EverBank’s Short-Term CD Rates
3/28/14 - Big Increases on EverBank’s Long-Term CD Rates
3/27/14 - Everbank 5Year CD Rate Increase
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
12/18/12 - Online Banks That Accept Non-Resident Alien Customers
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
3/6/12 - 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
2/21/11 - EverBank's MarketSafe Diversified Commodities CD - Is It a Good Deal?
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
8/31/10 - EverBank's MarketSafe Currency Returns CD - Is It a Good Deal?
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 - EverBank Increases 3-Month Promo Rate for its Money Market and Checking Account
1/5/10 - Rate Cuts at EverBank
8/1/09 - Review of Market-Indexed CDs
6/2/09 - Update on EverBank's Money Market and Checking Accounts
5/4/09 - Higher Monthly Fees and Minimum Balance Requirements for EverBank's Yield Pledge Money Market Account
5/4/09 - Update on EverBank's Money Market Account and CDs
5/4/09 - Review of EverBank's Checking and Money Market Account Promotions
12/17/08 - $40 Checking Account Bonus for Opening EverBank's Checking Account
9/26/08 - Higher CD Rates at EverBank
7/1/08 - EverBank Raises Checking and Money Market Account Rates
7/1/08 - 4.06% 12-month CD at EverBank - Available Nationwide
3/28/08 - More Savings Account Rate Cuts - Provident, Zions, WaMu and Others
7/29/07 - EverBank's World Currency CDs - My Interview with EverBank's Executive Frank Trotter
5/28/07 - EverBank Ups Checking Account Promo - 6.01% for 3 Months
5/28/07 - 6.01% 3-Month Promo Now Available for Everbank's Money Market Account
5/27/07 - EverBank Update - the Other 6% Savings Account Promo
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%

Awesome Experience

I use Everbank for both my checking and savings needs, and have been pleased by the experience. I have been a customer for years, and am impressed by the lack of arbitrary fees. Some money institutions seem like they are in the business of taking your money, and making it is as difficult as possible to get it back out. This is not the case with Everbank. Beyond the core savings experience, Everbank has top notch customer service. Anytime I have had a question or concern, Everbank has been both responsive and comprehensive with their assistance. Overall, I'd highly recommend this institution to anyone looking to switch banks.

Good products, CS could stand to improve

Posted by: Buehleham | Feb 17, 2018

I started using Everbank due to the direction of one of my friends who ditched their local bank in favor of some online products. I deposited $100 into an account just to get the lay of the land. Right off the top, I really like the online portal as you can easily see your balance, check on transfers, etc. Very easy to change information as well as I accidentally put the wrong address in. What I would like to see is the dedicated service staff become a bit better. I don't know if my rep was having a bad day or what but they didn't seem very knowledgable about my question on how interest is charged and was very curt with me on the phone. Maybe a bad day, but would like to see this improved!

My first account

Posted by: Microok | Feb 12, 2018

When I turned 18 and became able to work full time I opened my first bank account for my own personal use. I chose everbank because I heard several radio ads during football games and it was conveniently located. I had my first experience with direct deposit which wasn't without issues due to an error that the bank graciously helped fix. My employer had filed my account number improperly so the issue was on their part not the banks. I was sad to have to close my account when I moved because The nearest branch was nearly an hour away. While the online experience was bland and I often had issues with the mobile app the bank itself never made errors with my money or charged me hidden fees.

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 - YTD0.09%
Return on Equity - YTD0.99%
Annual Interest Income$437.1MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$33.27B$28.69B
LoansQ3 2017vs Q3 2016$28.13B$25.96B
DepositsQ3 2017vs Q3 2016$22.88B$19.76B
Equity CapitalQ3 2017vs Q3 2016$3.55B$2.16B
Loan Loss AllowanceQ3 2017vs Q3 2016$143.1MM$90.2MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$113.0MM$188.6MM
Real Estate OwnedQ3 2017vs Q3 2016$56.0MM$31.0MM
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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%--Basic Savings

EverBank Money Market Rates

1.41%*-$250kYield Pledge Money Market - First Time Client (1st Yr)
OTHER TIERS: 1.21% $250k - $10mm
1.41%*-$250kYield Pledge Money Market IRA - First Time Client (1st Yr)
OTHER TIERS: 1.21% $250k - $10mm
1.21%*$100k*$10mYield Pledge Money Market - Ongoing Client
OTHER TIERS: 1.01% Up to $25k | 1.05% $25k - $50k | 1.11% $50k - $100k
1.21%*$100k*$10mYield Pledge Money Market IRA - Ongoing Client
OTHER TIERS: 1.01% Up to $25k | 1.05% $25k - $50k | 1.11% $50k - $100k
0.61%*$1m*-Business Money Market
OTHER TIERS: 0.20% Up to $10k | 0.41% $10k - $100k | 0.51% $100k - $1mm

EverBank Checking Account Rates

1.21%*-$250kYield Pledge Checking - First Time Client (1st Yr)
OTHER TIERS: 0.71% $250k - $10mm
1.21%*-$250kSmall Business Checking - First Time Client (1st Yr)
OTHER TIERS: 0.61% $250k - $10mm
0.71%*$100k*$10mYield Pledge Checking - Ongoing Client
OTHER TIERS: 0.25% Up to $10k | 0.46% $10k - $25k | 0.51% $25k - $50k | 0.61% $50k - $100k
0.61%*$1m*-Business Interest Checking
OTHER TIERS: 0.20% Up to $10k | 0.41% $10k - $100k | 0.51% $100k - $1mm
0.61%*$100k*$10mSmall Business Checking - Ongoing Client
OTHER TIERS: 0.20% Up to $10k | 0.36% $10k - $25k | 0.41% $25k - $50k | 0.51% $50k - $100k
0.61%*$100k*-Non-Profit Checking
OTHER TIERS: 0.20% Up to $10k | 0.36% $10k - $25k | 0.41% $25k - $50k | 0.51% $50k - $100k

EverBank CD Rates

2.65%$5k-5 Year Yield Pledge CD
2.65%$1,500-5 Year Business CD
2.50%$5k-4 Year Yield Pledge CD
2.50%$1,500-4 Year Business CD
2.40%$5k-3 Year Yield Pledge CD
2.40%$1,500-3 Year Business CD
2.40%$1,500$250k3.5 Year Bump Rate CD
2.40%$1k-5 Year Basic CD
2.30%$5k-2.5 Year Yield Pledge CD
2.30%$1,500-2.5 Year Business CD
2.27%$5k-2 Year Yield Pledge CD
2.27%$1,500-2 Year Business CD
2.25%$1k-4 Year Basic CD
2.15%$1k-3 Year Basic CD
2.12%$5k-1.5 Year Yield Pledge CD
2.12%$1,500-1.5 Year Business CD
2.05%$1k-2.5 Year Basic CD
2.02%$1k-2 Year Basic CD
2.00%$5k-1 Year Yield Pledge CD
2.00%$1,500-1 Year Business CD
1.92%$10k$5m2 Year CDARS CD
1.92%$10k$5m3 Year CDARS CD
1.92%$10k$5m2 Year Business CDARS CD
1.92%$10k$5m3 Year Business CDARS CD
1.87%$1k-1.5 Year Basic CD
1.77%$10k$5m1 Year CDARS CD
1.77%$10k$5m1 Year Business CDARS CD
1.75%$1,500-3 Year LIBOR Index CD
1.75%$1,500-Business 3 Year LIBOR Index CD
1.75%$1k-1 Year Basic CD
1.60%$5k-9 Month Yield Pledge CD
1.60%$1,500-9 Month Business CD
1.45%$5k-6 Month Yield Pledge CD
1.45%$1,500-6 Month Business CD
1.35%$1k-9 Month Basic CD
1.28%$10k$5m6 Month CDARS CD
1.28%$10k$5m6 Month Business CDARS CD
1.25%$5k-3 Month Yield Pledge CD
1.25%$1,500-3 Month Business CD
1.20%$1k-6 Month Basic CD
1.11%$10k$5m3 Month CDARS CD
1.11%$10k$5m3 Month Business CDARS CD
1.01%$1k-3 Month Basic CD

EverBank IRA Rates

2.65%$5k-5 Year Yield Pledge IRA
2.50%$5k-4 Year Yield Pledge IRA
2.40%$5k-3 Year Yield Pledge IRA
2.30%$5k-2.5 Year Yield Pledge IRA
2.27%$5k-2 Year Yield Pledge IRA
2.12%$5k-1.5 Year Yield Pledge IRA
2.00%$5k-1 Year Yield Pledge IRA
1.60%$5k-9 Month Yield Pledge IRA
1.45%$5k-6 Month Yield Pledge IRA
1.25%$5k-3 Month Yield Pledge IRA

EverBank is an Internet only bank and does not have branch locations. Its headquarters is located at 501 Riverside Ave. - Jacksonville, FL 32202