Money that you deposit is held by EverBank, National Association.
EverBank, National Association is an FDIC insured institution founded in 1998.
It has approximately $36.15 billion in assets.
Everbank is the same name that was issuing foreign currency CDs and saying there was no risk and then violating their own T&C to not pay out. It is back. Terrible bank, no matter what the name.
Review on the Parent Bank
Amy S
October 17, 2021 |
The savings rate is 0.50% as listed here. Their money market rate is only 0.40%. These guys are deceptive! They keep one rate high so that customers like me see them on a site like this and go through and open that account and then later switch them around. That way the rate still shows when we check back on these sites but we are making less. Less for me is 0.10% on $250k which is $250 that they stole from me. It is still my money! I would give it zero stars. Avoid this bank!
Jeff T
November 21, 2023 |
Everbank is the same name that was issuing foreign currency CDs and saying there was no risk and then violating their own T&C to not pay out. It is back. Terrible bank, no matter what the name.
Review on the Parent BankAmy S
October 17, 2021 |
The savings rate is 0.50% as listed here. Their money market rate is only 0.40%. These guys are deceptive! They keep one rate high so that customers like me see them on a site like this and go through and open that account and then later switch them around. That way the rate still shows when we check back on these sites but we are making less. Less for me is 0.10% on $250k which is $250 that they stole from me. It is still my money! I would give it zero stars. Avoid this bank!
Review on the Parent Bank