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TIAA acquires EverBank

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Dear        , 

We're excited to announce that TIAA's acquisition of EverBank is complete. Now that EverBank is part of the TIAA family, we look forward to providing a more comprehensive range of banking, lending and investing solutions to help you meet your financial goals. 

TIAA-CREF Trust Company, FSB (which includes TIAA Direct®) and EverBank have combined to form one full-service bank headquartered in Jacksonville, Florida. The legal name of the combined bank is TIAA, FSB, but for now, we will continue using the TIAA Direct brand name in a variety of materials. We will also continue to offer our full suite of TIAA-based banking products. As the two banks integrate operations:

•     You'll continue to manage your TIAA Direct account exactly as you always have. Rest assured, if we do make any changes, we'll be sure to walk you through them step by step.
•     Any deposits at TIAA Direct and EverBank® will be combined in assessing your FDIC insurance coverage, as they are now part of a single bank. As a reminder, FDIC insurance covers up to $250,000 in deposited funds. For more information, visit fdic.gov.

We value you as our client and look forward to continuing to support your financial needs. 


Blake Wilson
President & CEO

Moderator Comment: This thread is mirrored to these forums: FINANCE, DEAL DISCUSSION. — Jul. 26, 2017 @ 3:46pm
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thanks for sharing

Well, hopefully they fix the Android app so it can open!

EVER stockholders got a decent deal, for customers I guess that's TBD.

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