Everbank

EverbankFrom the start, EverBank has been a forward-looking company. With an eye for opportunity balanced by disciplined risk management practices, EverBank has become one of the healthiest banks in the nation today.

Two of Everbank’s products are the EverBank® Yield Pledge(SM) Money Market Account and the EverBank® FreeNet Checking Account.

The EverBank® Yield Pledge(SM) Money Market Account offers an excellent rate for deposits over $5,000 with free check writing and no monthly fee.

The EverBank® FreeNet Checking Account offers a low $1,500 initial deposit and no-fee online and mobile banking.

EverBank is a diversified financial services company from Jacksonville, Florida, which provides banking, mortgages, and investing solutions to a nationwide customer base. EverBank operates through standard banking offices, and through its Direct Banking division, by telephone, mail, and over the Internet.

The roots of EverBank stretch back to 1961, however the current company was formed in 1994 as Alliance Mortgage Company in Jacksonville, Florida. Alliance Mortgage Company became a significant mortgage originator and servicer. In 1998, Alliance Mortgage Company formed First Alliance Bank, Florida, and shortly thereafter acquired Marine National Bank, also of Jacksonville, Florida.

Meanwhile, EverBank was created as a national direct-to-consumer bank. EverBank opened in January 2000 and quickly garnered recognition as an innovator in the direct-to-consumer marketplace.

First Alliance Bank acquired EverBank in 2002, and in 2004, the company took the name EverBank for its operations. Today, EverBank is the largest bank headquartered in Jacksonville, Florida and according to Florida Trend magazine, is one of the nation’s largest online banks.

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