EverBank Banking

EverBank is a financial service provider firm in Jacksonville, Florida. It provides diversified banking services such as investing solutions, mortgage banking, and standard banking. EverBank banking can be done in two ways: standard offices for banking and direct banking. EverBank banking can also be done over the internet, telephone, and mail. Though the origins of the bank are found back in 1962, the current structure of the bank was formed in 1994.

Services provided by EverBank

Pure EverBank banking facilities comprise checking of interest rates, savings, credit cards, deposits, certificates, and financial management. Every bank offers a personal checking account. With this account, the account holder can check their saving or current accounts. EverBank does not charge any extra fees for checking the accounts. The bank on the other hand offers free checking facility on the internet.

The account for interest checking offers various benefits. Complimentary account management is provided in this account. EverBank banking offers optional bill payment. For this, the user needs to maintain the FreeNet Checking Account balance of $1,500. The EverBank does not charge a surcharge for the bank’s ATM service. The EverBank banking has the option to repay up to $6 per month out of the ATM fees that have been charged by other banks.

The online bill payments provided in EverBank banking have a number of benefits. Anyone can pay the bill at any time of the day. If the account number and password are known, then the bill payment can be done by anyone on behalf of the account holder. The bills can also be paid in advance with EverBank banking. The paid bill is immediately displayed on the checking account.

Other than the online bill payment, the user can take full benefit of the online banking. The FreeNet checking account holder can transfer funds between EverBank and other banks. This service is offered for free for the account holder. The users can also view their accounts in other banks. The records such as investments, 401K accounts, loans, rewards programs, and credit card statements can also be checked on the FreeNet checking accounts. One can also view the cancelled cheques on these accounts.

Money market accounts in EverBank banking

EverBank banking offers special types of accounts named money market deposit accounts. One can open a Yield Pledge Money Market Account. This is the best option if the user wants to keep the money liquid. He can also earn the highest account rates which are offered by leading banks.

The money market deposit account offers various benefits:

• Free cheque writing
• Minimum deposit amount of $1,500
• No monthly maintenance fees applied

The yields pledged are in the top 5% of the competitive accounts.

Business banking by EverBank

EverBank banking provides a special segment of business banking. Similar to the FreeNet checking account for individual users, EverBank offers business checking accounts. Other accounts at EverBank are inclusive of analysis accounts for business, interest checking accounts, and checking accounts in non-profit mode. EverBank banking offers business saving and business lending for the improvement of the user’s business.