TIAA sold a majority share of TIAA Bank to private investors with a strong track record in banking. These private investors include Stone Point Capital LLC, Warburg Pincus LLC, Sixth Street, Reverence Capital Partners LLC and Bayview Asset Management LLC. Once the sale closes, our name will change to EverBank, N.A.

TIAA is committed to the future success of the new EverBank and will continue as a minority owner with a stake in its continued growth.

Just one quick thing: Please take a moment to verify your contact information so we can be sure any updates we send your way get to you. To do so, simply log in to your account and from your profile menu, select ‘Contact information.’

Account security is our top priority so that you can bank with confidence. We utilize a multi-layered approach to help protect you against fraud, including strong encryption technology, account number masking and two-factor authentication, which can help stop unauthorized access to your account. We also monitor data to detect fraud or suspicious activity. If we notice suspicious activity on your account, we may contact you by phone, text, email, or mail to confirm that transactions are valid.

Keep accessing your accounts as you always have. For now, you will continue to see a combined dashboard showing both retirement and banking accounts. Later this year, we’ll send you detailed information letting you know how your access will change. Once you receive this communication, you will start to log in at to access your retirement accounts and to access your bank accounts.

No. Please continue to log in and use your business accounts as you currently do, and use your same debit cards, checks and other business banking services.

You’ll also continue to be supported by the same business banking team and client service specialists you currently work with.

It’s business as usual, with no changes to your relationship, your service team, your products or your services. We’ll continue to serve your needs with a high level of uniquely tailored credit solutions and competitive commercial lending rates.

No, all current open job requisitions will move over to the new bank applicant tracking system along with all active applications. Also, if you have interviewed for an open position with us, you will not need to re-interview for the role.

Information to keep in mind

  1. We promise that the yield on your Yield Pledge® Checking, Money Market and/or Online Savings Account will stay in the Top 5% of Competitive Accounts based on the Bankrate Monitor National Index survey data from the last week of each month. "Competitive Accounts" are similar accounts from the 10 largest banks and thrifts in 10 large U.S. banking markets. This includes data from the 5 largest banks and 5 largest thrifts in each market for which rates are available, except in markets without 5 banks and 5 thrifts. Each week Bankrate surveys these institutions and distributes its results to certain institutions on a paid-for basis. Not all institutions report each week. We reserve the right to change, at any time and without prior notice to you, our Yield Pledge calculation method as necessary to accommodate changes in Bankrate's survey and/or its distribution methodology, including, without limitation, by switching to a different, comparable methodology that may not be based on information from Bankrate.

  2. EverBank, N.A. is an FDIC-insured national banking association. The standard FDIC insurance limit of $250,000 applies per depositor, per insured depository institution for each account ownership category.


    A message from EverBank’s new CEO, Greg Seibly

    It’s a new day at EverBank. Our entire team of dedicated associates is excited to embark on this new chapter with you.

    TIAA Bank is now EverBank—and although it is business as usual, we’ll continue to serve you with the client-first approach that you’ve come to expect from us.

    I am also pleased that TIAA will have an ongoing partnership with us including a minority investment in our bank, demonstrating their confidence in EverBank.

    While our name has changed, our commitment to you has not

    We are a national bank, built on a foundation rooted in financial strength with a special focus on providing our clients with an advantage.

    We are focused on performance and partnership to provide our clients with market-leading products and services backed by our team of associates committed to making a positive difference for our clients and in our communities.

    We are upholding our Yield Pledge® Promise, which guarantees yields in the top 5% of Competitive Accounts.1

    We are a leader in online banking, and we offer convenient digital account access for clients 24/7, in addition to phone banking services and a network of financial centers across Florida.

    We are dedicated to maintaining our decades-long record of consistent operating performance built on a strong capital base and disciplined approach to risk management.

    We are a member of the FDIC, and your deposits with us are insured up to $250,000 per individual and $500,000 for joint accounts.2

    We’ve built EverBank around our foundational promise:

    Advantage, You.

    • Helping you achieve success on your own unique terms.
    • Putting you first to make the most of your money.
    • Giving you the advantages you expect and deserve.

    It is a privilege to have you as a client of EverBank. We are steadfastly focused on our commitment to serve you and look forward to our journey together in the years to come.

    Ever yours,
    Greg Seibly
    EverBank CEO