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888-882-3837
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%)

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11/25/14 - 3-YR MARKETSAFE® BRICS CD
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
3/22/09 - Lessons from the Stanford Financial Mess and Foreign CD Options
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
11/1/07 - Falling Savings Account Rates: ING Direct, EverBank, Zions Bank
9/28/07 - EverBank Cancels NetBank Acquisition
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%

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.

Great interest and CD rates from a smaller bank

I opened a CD and a money market account for my son at Everbank. The reason I chose Everbank was they offered the highest CD rates in Florida that I could find from a reputable institution. I was very pleased with the rate they offered on a 5-year CD so I chose that one. I think I filled out something online but then needed to complete my application over the phone. I don't remember much about that interaction but I think that's probably a good thing. After setting up the account I downloaded the Everbank app and was able to use it to make some additional deposits. Later, I wanted to set up another account for my newborn but I was not able to do it online. I wish I had been able to submit an online application given that I already had an account established with the bank. So I think technology may be a weakness of theirs. But all in all, the great rates probably offset any inconveniences that stem from the weaker technology.

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"...

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Health
A+

Health Grade Components

Overall
FDIC Certificate #34775
Year Established1998
Employees3300
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-0.14%
Return on Equity - YTD-1.5%
Annual Interest Income$129.6MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$32.77B$27.35B
LoansQ2 2017vs Q2 2016$27.90B$24.62B
DepositsQ2 2017vs Q2 2016$23.12B$18.93B
Equity CapitalQ2 2017vs Q2 2016$3.51B$2.12B
Loan Loss AllowanceQ2 2017vs Q2 2016$107.1MM$84.3MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$77.7MM$133.2MM
Real Estate OwnedQ2 2017vs Q2 2016$43.6MM$518.6MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

EVERBANK Raises Money Market Rate (12 Month Intro Rate)

leemd   |  
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.

Rates

Rates for EverBank are currently being reviewed.

Locations

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