EverBank’s Competitive CD Rates and Financial Stability
EverBank, formerly known as TIAA Bank, is making a significant impact in the Certificate of Deposit (CD) market with its appealing CD rates. The bank boasts a wide array of CD options, from a short 3-month term to a longer 60-month term, making it a flexible choice for savers and investors. The highest CD rates at EverBank are on the bank's shorter-term CDs, the current 9-Month CD rate is at 5.25% and the 12-month CD rate is at 5.00%.
EverBank’s CD Rates:
The Bank's Credentials
Established on October 1, 1998, EverBank comes with the stability and assurance of FDIC insurance since the same date. Holding FDIC Certificate #34775 and regulated by the OCC (Office of the Comptroller of the Currency), the bank operates under the TIAA Board of Governors. As of the last update on March 31, 2023, EverBank has total assets amounting to $36,801,333,000 and total domestic deposits of $25,223,811,000. Their net income stands at $61,890,000, demonstrating the bank's financial health.
For more information, you can visit their official website.
Why Choose EverBank
EverBank's FDIC coverage ensures that individual deposits up to $250,000 are safe and insured. Located in the FDIC's Atlanta region and part of the Southeast OTS region, the bank has a total of 13 U.S. offices, all in Duval County and the Jacksonville, FL, metropolitan area.
EverBank CD rates, coupled with its solid financials, make it a trustworthy and profitable choice for anyone looking to invest in CDs. Being a part of the TIAA conglomerate adds an additional layer of credibility and stability. Whether you're a short-term investor or looking for longer-term options, EverBank has CD products tailored for your needs.