TIAA Bank completed its official rebrand as EverBank this week. Last month, TIAA completed the sale of TIAA Bank to private investors, with the bank beginning to operate as EverBank under a new national bank charter. read more
SEP 13, 2023 - 6:54 am
EverBank (which is still temporarily doing business as TIAA Bank) launched a new fund finance division under the leadership of Jeff Johnston and Mike Mascia. Together, Johnston and Mascia have more than 40 years of fund finance experience. read more
AUG 9, 2023 - 6:53 am
TIAA completed the sale of TIAA Bank to private investors with experience in financial services and will now officially begin operating once more as EverBank under a new national bank charter. Terms of the transaction are not being disclosed. read more
AUG 2, 2023 - 7:01 am
TIAA Bank will become EverBank, returning to its previous brand name, as the bank transitions to new ownership. The brand name change will go into effect following the close of the sale of TIAA Bank first announced last November, with the closing expected this summer. read more
JUN 27, 2023 - 7:12 am
Two banks serving Long Island recently made major inroads into the equipment financing space, according to a report in the Long Island Business News. read more
AUG 9, 2018 - 6:55 am
Presenters at the 17th Annual Investors’ Conference shared an optimistic outlook for the equipment finance industry, with ABS “strong at all levels,” M&A “very frothy” and 2018 business investment expected to be “very bullish.”... read more
May/June 2018
EverBank Vendor Equipment Finance added three relationship managers to its Office Products division and two to its Industrial team. read more
APR 25, 2018 - 7:05 am
By and large, 2017 has been a positive year so far for the vendor equipment finance industry. We’re seeing solid year over year performance, as well as an optimism among industry leaders that hasn’t been felt for a number of... read more
August 2017
TIAA announced the successful completion of its acquisition of EverBank Financial. read more
JUN 30, 2017 - 7:38 am
The Alta Group’s Bruce Kropschot and James Jackson provide an update on M&A activity in the equipment finance industry and an outlook for 2017. They offer strategies for sellers and buyers to move a transaction from a letter of intent to a successful closing.... read more
March/April 2017
EverBank announced equipment financing originations of $332 million in Q4/16 were down 21% from $420 million for the same quarter a year earlier. read more
JAN 30, 2017 - 7:58 am
DLL, Everbank’s acquisition by TIAA and Element’s split into two separate companies highlighted the top 10 news stories of the year. read more
DEC 30, 2016 - 7:44 am
When EverBank launched its capital equipment finance group in 2014, it asked Ken Walters to come in and help lead it. Fast forward to today, and Walters is once again taking on a leadership role for a new group, which combines the structured equipment finance and ABL arms of EverBank. He shares the rationale behind the combination, how the new group is fairing in the early going and why it's focused on taking a generalist approach to the market.... read more
July/August 2016
TIAA announced an agreement to acquire EverBank in a deal valued at $2.5 billion. The deal is expected to close in the first half of 2017. read more
AUG 9, 2016 - 7:17 am
Reuters reported that TIAA may be close to acquiring EverBank, as the financial services company has entered into exclusive negotiations to purchase the Jacksonville, FL–based bank for $2.5 billion. read more
AUG 4, 2016 - 6:59 am