TIAA, FSB Articles

EverBank’s 5-Year CD Rate is Like the Pool at EverBank Field

EverBank has become very aggressive with their CD rates again - either because they are trying to be on the cutting edge of increasing yields or because they are eager to attract new capital ahead of Read →

If Your Bank is Cutting Rates and Benefits, It Is Time to Find Another Bank Image Courtesy: Pexel

If Your Bank is Cutting Rates and Benefits, It Is Time to Find Another Bank

Banks have always used the end of the year as a time to cut rates on savings accounts or allow promotional rates to expire, and/or to reduce benefits.  For the last eight years, rates have been falling and the lack of competition ha... Read →

3 Year LIBOR Index CD is another EverBank Product to Avoid in 2017 Image Courtesy: Yahoo!

3 Year LIBOR Index CD is another EverBank Product to Avoid in 2017

According to its website, EverBank is now offering a so-called 3 Year LIBOR Index CD.

The product, which is issued without a prospectus, appears from the information on EverBank’s website to be three years in duration, ye... Read →

EverBank’s 5 Year Marketsafe Treasury CD Is An Awful Investment Image Pool, EverBank Field, Courtesy Jacksonville Jaguars.

EverBank’s 5 Year Marketsafe Treasury CD Is An Awful Investment

EverBank is again offering what it calls a 5 Year Marketsafe Treasury CD. This product should be avoided at all costs.

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EverBank's 3 Year Marketsafe BRICS CD Is Not A Certificate of Deposit At All

Until October 15, EverBank is offering a 3 year product that gives investors the opportunity to participate in the upside of a basket of 5 currencies (Russia, India, China, Brazil and South Africa) in what it calls a "Marketsafe CD". This product really is not a CD, but rather is an inappropriate investment for most.

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