TIAA Bank Begins a New Era as EverBank

Jacksonville remains home as the bank doubles down on client-first focus, cultivating a best-in-class workplace and making a positive difference in the community

JACKSONVILLE, FL, August 1, 2023 – Opening a new chapter of delivering excellence in client service, TIAA Bank today became EverBank as TIAA completed the sale of the bank to private investors.

Jacksonville remains the headquarters and main base of operations for EverBank, N.A., which now operates under a new national bank charter. In June, the bank announced it would change its name back to EverBank, a familiar brand for First Coast consumer and business clients that has always represented performance, trust, reliability and partnership.

“Today is a big day for EverBank and Jacksonville, as our bank begins an exciting new chapter,” said Greg Seibly, EverBank’s new Chief Executive Officer. “We’re extremely proud to call Jacksonville our home as we deepen our commitment to ensuring our clients have a financial advantage and make a positive difference in the communities where we live and work.”

For the bank’s consumer and commercial clients, for now it remains business as usual, with no changes in accounts, products or services. The bank continues to deliver industry-leading service to clients in the ways it always has – online, by phone, through a network of financial centers across Florida and with commercial teams based across the country.

“People who have banked with us know and appreciate how different and special our bank and our best-in-class team of associates are,” Seibly said. “We look forward to introducing EverBank and our client-forward approach to delivering excellence to new clients in the years to come.”

As part of the bank sale transaction, TIAA retains a minority ownership interest in EverBank and will continue to have ongoing business relationships with EverBank.

The bank’s new private owners have extensive experience in financial services and include funds managed by Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management.

EverBank’s long relationship with the NFL’s Jacksonville Jaguars will continue on and off the playing field. The home of the Jaguars has been renamed EverBank Stadium, and new signs and other branding are going up at and around the stadium now. The rebranding of the stadium will be largely complete in time for the Jaguars’ NFL regular season home game on September 17.

“We’re thrilled that Jaguars fans will once again be able to Lock Down the Bank as we take on the Super Bowl champion Kansas City Chiefs in the first game at EverBank Stadium,” Seibly said. “Our partnership with the Jaguars and the Jacksonville community is incredibly important to us, and we’re looking forward to cheering on the Jags to another winning season.”

As it has for decades, EverBank remains focused on serving the Jacksonville community in a variety of ways, including ongoing support for vital organizations such as HabiJax and Junior Achievement. This summer, EverBank will introduce a new high-impact community program, Touchdowns for Tomorrow: for every touchdown scored by the Jaguars, EverBank will provide financial education for 100 Jacksonville students, with EverBank associates volunteering at local schools alongside Junior Achievement throughout the NFL season.

About EverBank

EverBank is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital account access for clients 24/7, in addition to phone banking services and a network of financial centers across Florida. EverBank’s commitment is to deliver our clients high-performing, high-yield solutions backed by exceptional service, giving them the advantage they expect, to make the most of their money. For more information, visit EverBank.com, or connect and interact with us on Facebook, Instagram, LinkedIn or Twitter.