Everbank, National Association in Jacksonville, FL

EverBank, National Association is a federally-chartered national bank that has positioned itself as a performance-focused financial institution in the retail banking space. The company emphasizes beating national averages on deposit account yields, marketing its accounts as alternatives to traditional banks with lower rates. EverBank offers a range of personal banking products including high-yield savings accounts, certificates of deposit (CDs), checking accounts, and money market accounts, all accessible through online and mobile platforms.

The bank's core product offerings center on deposit accounts designed for savers seeking competitive returns. 00% APY. All deposit accounts include FDIC insurance protection up to the standard $250,000 limit per depositor per account category.

The bank provides free mobile check deposits, free ATM access through 80,000+ no-fee ATMs nationwide, and automatic reimbursement up to $15 monthly for out-of-network ATM fees (unlimited for accounts with $5,000+ minimum daily balance). EverBank distinguishes itself through its emphasis on high-yield rates, no monthly account fees, no minimum opening deposit requirements for savings accounts, and widespread ATM access with fee reimbursement. The company has secured a partnership with brand ambassador Trevor Lawrence to underscore its performance positioning.

They also note acquiring Sterling Bank clients, suggesting recent consolidation activity in the banking sector. The bank provides 24/7 access to accounts via mobile and online banking with stated strong security measures. While EverBank offers competitive rates and convenience, prospective customers should note that APYs are variable and subject to change without notice, rates may decrease after promotional periods for new accounts, and the quoted rates are accurate only as of the stated date.

Early withdrawal penalties apply to CDs.