Featured Savings Rates
Featured Accounts


Popular Accounts at this Bank

2.35%5-year CD5 Year Yield Pledge CD
2.20%4-year CD4 Year Yield Pledge CD
1.72%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%

Everybank is well recommended

I opened an account with Everbank years ago on the suggestion of my sister. After I had been complaining about the bank I had been using, she recommended I check them out. I did and I was happy to find a very user friendly website and a really easy sign up process. I have direct deposit setup with them and I have never had any problems with my account reflecting deposits in an accurate manner. This had been a problem at my old bank. Their customer service is good too. They are easy to reach by phone as well, which is really important to me. One of the best things that I have found with them though is their interest rate. It is very good and a lot of banks offer almost no interest. Overall I would give them an A rating.

Positive experience while living in Florida.

After graduating from college I moved to Florida for a few years and because I previously used a local bank in Pennsylvania, I needed to find a new bank to use in Florida. I ended up going with Everbank and I definitely do not regret my decision. Everbank makes my banking experience painless and offers everything I need to take care of my personal finances. I've held both checking and savings accounts with them which were easy to open and included no fees to maintain. Their online banking service are very easy to set-up and use to check accounts and even to transfer money between accounts. One of the biggest positives of Everbank has been their customer service both in their branch offices and over the phone. Every time I have approached customer service representatives with questions they have been friendly and knowledgeable. As long as I still live in Florida I will most certainly continue to use Everbank.

Easy Peasy

At one point I had an Everbank savings account to potentially earn a little interest on my savings without market risk. The application was super easy and it was very simple to set up the account and get money deposited. It was also very simple to link my checking account for future deposits. At the time I opened the account, the rates were competitive with the industry. However, as the Fed lowered the interest rate, the interest rate on my savings account kept dropping as did the majority of the other money markets available in the market at that time. I found a high-yield savings account with another bank that was higher at the time and moved my money out. I believe Everbank is pretty competitive now and would consider going back to them in the near future.

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

1.31%*-$250kYield Pledge Money Market - First Time Client (1st Yr)
OTHER TIERS: 1.01% $250k - $10mm
1.31%*-$250kYield Pledge Money Market IRA - First Time Client (1st Yr)
OTHER TIERS: 1.01% $250k - $10mm
1.01%-$10mYield Pledge Money Market - Ongoing Client
1.01%-$10mYield Pledge Money Market IRA - Ongoing Client
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

2.35%$5k-5 Year Yield Pledge CD
2.35%$1,500-5 Year Business CD
2.25%$1k-5 Year Basic CD
2.20%$5k-4 Year Yield Pledge CD
2.20%$1,500-4 Year Business CD
2.10%$5k-3 Year Yield Pledge CD
2.10%$1,500-3 Year Business CD
2.10%$1,500$250k3.5 Year Bump Rate CD
2.10%$1k-4 Year Basic CD
2.00%$1k-3 Year Basic CD
1.86%$5k-2 Year Yield Pledge CD
1.86%$1,500-2 Year Business CD
1.77%$5k-1.5 Year Yield Pledge CD
1.77%$1,500-1.5 Year Business CD
1.76%$1k-2 Year Basic CD
1.75%$1,500-3 Year LIBOR Index CD
1.75%$1,500-Business 3 Year LIBOR Index CD
1.72%$5k-1 Year Yield Pledge CD
1.72%$5k-2.5 Year Yield Pledge CD
1.72%$1,500-1 Year Business CD
1.72%$1,500-2.5 Year Business CD
1.67%$1k-1.5 Year Basic CD
1.62%$10k$5m3 Year CDARS CD
1.62%$10k$5m3 Year Business CDARS CD
1.62%$1k-1 Year Basic CD
1.62%$1k-2.5 Year Basic CD
1.51%$10k$5m2 Year CDARS CD
1.51%$10k$5m2 Year Business CDARS CD
1.49%$10k$5m1 Year CDARS CD
1.49%$10k$5m1 Year Business CDARS CD
1.31%$5k-9 Month Yield Pledge CD
1.31%$1,500-9 Month Business CD
1.21%$5k-6 Month Yield Pledge CD
1.21%$1,500-6 Month Business CD
1.21%$1k-9 Month Basic CD
1.11%$1k-6 Month Basic CD
1.04%$10k$5m6 Month CDARS CD
1.04%$10k$5m6 Month Business CDARS CD
1.01%$5k-3 Month Yield Pledge CD
1.01%$1,500-3 Month Business CD
0.91%$1k-3 Month Basic CD
0.87%$10k$5m3 Month CDARS CD
0.87%$10k$5m3 Month Business CDARS CD

EverBank IRA Rates

2.35%$5k-5 Year Yield Pledge IRA
2.20%$5k-4 Year Yield Pledge IRA
2.10%$5k-3 Year Yield Pledge IRA
1.86%$5k-2 Year Yield Pledge IRA
1.77%$5k-1.5 Year Yield Pledge IRA
1.72%$5k-1 Year Yield Pledge IRA
1.72%$5k-2.5 Year Yield Pledge IRA
1.31%$5k-9 Month Yield Pledge IRA
1.21%$5k-6 Month Yield Pledge IRA
1.01%$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