EverBank, National Association
Headquarters
301 W Bay St
Jacksonville, FL 32202
See all branch locations →
Phone 1-855-260-8856
2024 Overview
General Bank Information
EverBank, National Association is an FDIC insured institution located in Jacksonville, FL. It was founded in 1998 and has approximately $39.45 billion in assets. Customers can open an account at one of its 15 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 34775 |
| Date Established | 1998 |
| Assets | $ 39.45 billion |
| Loans | $ 27.89 billion |
| Deposits | $ 29.32 billion |
| Capital | $ 3.60 billion |
For a more detailed analysis of EverBank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - December 22, 2024
Your Current Location: Ohio, OH 43085
Online Only Savings Rates of TIAA Bank / Everbank
| Online Savings Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Performance Savings
|
4.40% | $0 | $250,000 |
Learn More
|
Online Only CD Rates of TIAA Bank / Everbank
| Online CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Basic CD
|
3.95% | $1,000 | - |
Learn More
|
| Basic CD
|
4.00% | $1,000 | - |
Learn More
|
| 9 Month CD
|
4.00% | $1,000 | - |
Learn More
|
| Basic CD
|
4.00% | $1,000 | - |
Learn More
|
| Basic CD
|
3.70% | $1,000 | - |
Learn More
|
| Basic CD
|
3.90% | $1,000 | - |
Learn More
|
| Basic CD
|
3.50% | $1,000 | - |
Learn More
|
| Basic CD
|
3.50% | $1,000 | - |
Learn More
|
| Basic CD
|
3.50% | $1,000 | - |
Learn More
|
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Yield Pledge Checking - 1st Year Intro Rate | 0.25% | $0 | $0.00 | Learn More |
Bank Online Offers
Everbank Lowers Its Performance Savings Rate
Dec 20, 2024
TIAA / Everbank has lowered its performance savings rate from 4.75 to 4.40% APY today.
The rate is no longer among the most competitive online savings rates.
Everbank has a troubling customer service history and has had to toggle between branding itself as TIAA and as Everbank over the last 20 years as both brands are heavily impaired in the market.
Loan Rates - December 22, 2024
Your Current Location: Ohio, OH 43085
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
5.50% | 5.50% | Varies | |
Compare with 7.24 RATE Line of Credit from Third Federal Savings and Loan
See All Home Equity Rates |
||||
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Jumbo See Amortization Table |
7.53% | 7.25% | $2,921.16 | |
| 15 Year Fixed Conforming See Amortization Table |
7.93% | 7.50% | $2,966.44 | |
| 30 Year Fixed Jumbo See Amortization Table |
7.97% | 7.75% | $2,292.52 | |
| 30 Year Fixed Conforming See Amortization Table |
8.39% | 8.13% | $2,377.11 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Jumbo See Amortization Table |
7.53% | 7.25% | $2,921.16 | |
| 15 Year Fixed Conforming See Amortization Table |
7.93% | 7.50% | $2,966.44 | |
| 30 Year Fixed Jumbo See Amortization Table |
7.97% | 7.75% | $2,292.52 | |
Compare with 6.863% APR and 6.750% 30-Year Fixed RATE from Mutual of Omaha Mortgage, Inc.
See All Mortgage Rates |
||||
| 30 Year Fixed Conforming See Amortization Table |
8.39% | 8.13% | $2,377.11 | |
|
Compare with 6.863% APR and 6.750% 30-Year Fixed RATE from Mutual of Omaha Mortgage, Inc.
See All Mortgage Rates |
||||
Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
EverBank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
EverBank, National Association Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 392.23 | A | View Lobby Hours | |
| 660.36 | B | View Lobby Hours | |
| 669.86 | C | View Lobby Hours | |
| 669.86 | D | View Lobby Hours | |
| 669.86 | E | View Lobby Hours | |
| 671.08 | F | View Lobby Hours | |
| 679.06 | G | View Lobby Hours | |
| 824.54 | H | View Lobby Hours | |
| 928.90 | I | View Lobby Hours | |
| 928.95 | J | View Lobby Hours | |
| 948.04 | K | View Lobby Hours | |
| 953.49 | L | View Lobby Hours | |
| 963.83 | M | View Lobby Hours | |
| 992.60 | N | View Lobby Hours |
Climate Policy and Initiatives
Everbank lacks any climate action plan, but also does not appear to be a lender to the oil and gas industry.
Updated April 3, 2024
Add Your Review
or use your BestCashCow account
or
Financial Details
EverBank, National Association Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of EverBank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| EverBank, National Association | U.S. Bank Average |
|---|---|
| 13.98% | 4.48% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of June 30, 2024, EverBank, National Association had $529,274,000 in non-current loans and $6,180,000 in owned real estate. To cover these potential losses it had $3,596,874,000 in equity and $232,709,000 in loans loss reserves. That gives it a Texas Ratio of 13.98%.
Return on Equity
| EverBank, National Association | U.S. Bank Average |
|---|---|
| 6.39% | 10.46% |
EverBank, National Association has a Return on Equity of 6.39% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| EverBank, National Association | U.S. Bank Average |
|---|---|
| 9.12% | 10.84% |
EverBank, National Association has a Capitalization of 9.12% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
EverBank, National Association Balance Sheet Analysis
As of June 30, 2024, EverBank, National Association had assets of $39,445,857,000, loans of $27,889,770,000, and deposits of $29,316,720,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
June 30, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 621.04 million |
| Interest-bearing balances | $ 572.04 million |
| Total securities | $ 9.88 billion |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 27.89 billion |
| Loan loss allowance | $ 232.71 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 6.18 million |
| Goodwill and other intangibles | $ 3.68 million |
| All other assets | $ 849.70 million |
| Total Assets | $ 35.85 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 29.32 billion |
| Interest-bearing deposits | $ 28.01 billion |
| Deposits held in domestic offices | $ 29.32 billion |
| % insured (estimated) | 85.15% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 7.52 billion |
| Subordinated debt | N.A. |
| All other liabilities | $ 597.96 million |
| Total Liabilities | $ 35.85 billion |
| Shareholders’ Equity | $ 3.60 billion |
Summary Income Statement
June 30, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 1,057.78 million |
| Total Interest Expense | $ 618.49 million |
| Net interest income | $ 439.30 million |
| Provision for loan and lease losses | $ 9.89 million |
| Total non interest income | $ 39.10 million |
| Total non interest expense | $ 315.05 million |
| Pre-tax Net Operating Income | $ 365.32 million |
Bank Loan Profile?
The top three loan types in EverBank, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.
Compared to other banks in Florida, EverBank, National Association has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 56.40 | ✓ | ||
| Multifamily Mortgages |
9.35 | ✓ | ||
| Credit Card Loans | 0.01 | ✓ | ||
| Consumer Auto Loans | 0.00 | ✓ | ||
| Small Business Loans | 0.03 | ✓ | ||
| Construction and Development Loans | 0.26 | ✓ | ||
| Commercial Real Estate | 11.26 | ✓ | ||
| Commercial and Industrial Loans | 2.93 | ✓ | ||
| Farm Loans | 0.00 | ✓ | ||
Customer Reviews for EverBank, National Association
Jackie
June 2, 2015
This bank is run by masters of deception with all of their silly products aimed to cheating people out of their hard earned money. I bet that every one in the management suite has a rap sheet. I wouldn't even give them a red cent.
Is this review helpful? Yes:14 / No: 2
Add Your Review
or use your BestCashCow account