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EverBank CD Rates

January 2nd, 2009 Posted in Bank Reviews

EverBank frequently tops the BankVibe CD rate charts with yields well above the national average. Below is a brief history of the company as well as some key statistics.

EverBank has $6 billion in assets with roughly 1,500 employees.

The EverBank “Family of Companies” builds upon a long-standing commitment to deliver innovative banking, lending, and investment products and services of exceptional value. Over 450,000 customers benefit from our high yields on checking and saving products, unique global market products such as foreign currency CDs, and award-winning Online Banking service.

Their corporate headquarters are located in EverBank Plaza, at 501 Riverside Avenue in downtown Jacksonville, FL.

EverBank CD Rates:

6 month – 2.85% APY

12 month – 3.25% APY

5 year – 4.0% APY

Recent Awards and Recognition for EverBank:

Money Magazine “Best of the Breed” (2007)

Both Yield Pledge Money Market Account and FreeNet Checking Account recognized by Money magazine and published on CNNMoney.com as the “Best of the Breed.”

Kiplinger’s “Best Checking Account” (2006)

Considered by Kiplinger’s Personal Finance magazine to be the best checking account in 2006, “EverBank’s FreeNet Checking Account offers ten times the yield of the average interest-bearing checking account.”

Forbes.com “Best of the Web” (2000-2005)

EverBank® is a five time recipient of Forbes.com Best of the Web.

VERIBANC Superior Rating (2007)

For the quarter ending March 31, 2007, VERIBANC rated EverBank with its highest classification—Green/***1

Online Banking Report “Best of the Web” (2000, 2005)

Online Banking Report recognized the EverBank Online Financial Center (formerly EverOne® Financial Center) for overall superior design and innovations in account aggregation and integrated banking.

Online Banking Report “Top 10 Most Significant Innovations and Developments” (2004, 2005)

More than once, EverBank earns Online Banking Report’s nod for innovation and product development, particularly for the EverBank Online Financial Center and its “market-safe certificate of deposit” offering.

Mortgage Technology “Top 25 Tech-Savvy Lenders” (2003, 2004)

EverBank makes the magazine’s annual list of lenders in the country who best utilize technology to originate mortgages. Each year, Mortgage Technology singles out companies who continue to “move the technology ball forward.”

Freddie Mac Top Tier Platinum Servicer (2005)

In its performance report on loan servicers, the Federal Home Loan Mortgage Corporation (FHLMC) bestowed EverBank with Platinum Status for its efforts to minimize credit losses and help delinquent borrowers avoid foreclosure.

IDC Financial Publishing, Inc. (2007)

EverBank is highly rated by IDC Financial Publishing, Inc. For more information see the IDC Financial Publishing, Inc. website.

Allen C. Ewing (2001, 2002, 2004)

Recognized as the #1 bank in Florida for highest Return on Equity (ROE), EverBank receives top ranking in the Allen C. Ewing’s annual High Performance Award, honoring the top ten high-performing Florida banks and thrifts.

FNMA PEAK Excellence (2003, 2004)

As one of the country’s leading mortgage providers and servicers, EverBank is extremely proud to receive “Excellent” and “Superior” ratings from the Federal National Mortgage Association (FNMA) for our entirety of Fannie Mae portfolios.

Bankrate.com “Top Tier” Award (1997-2005)

For eight consecutive years, EverBank proves it’s leading the way with the industry’s highest yields. The Bankrate.com “Top Tier” Award is given to national financial institutions providing the best bank rates to their customers. EverBank consistently receives this honor due its unique yield pledge that assures returns ranking in the top five percent, as tracked in the BankRate.com National Index™ of leading banks and thrifts.



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