EverBank Launches MarketSafe® Evolving Economies(SM) CD

JACKSONVILLE, Fla., Aug. 15, 2013 /PRNewswire/ -- EverBank announced today the launch of the five-year MarketSafe^® Evolving Economies^SM CD, which combines the market potential of the Colombian peso, Turkish lira, Indian rupee and Mexican peso¹. The CD offers 100 percent principal protection² and a unique jump-note structure that ensures an upside payment of at least 15 percent if the final return of the CD is more than 0 percent.

"Colombia and Turkey tend to be overlooked and underutilized by the average investor," said Chuck Butler, president of EverBank World Markets. "The currencies of all four countries represented in the CD present unique opportunities. These emerging markets don't have the debt structures maintained by many other countries, and therefore their economies aren't weighed down by excessive debt. As these countries change in the next five years, we believe their economies will be poised for prospective growth against the U.S. dollar."

Launching August 15, 2013, EverBank created the FDIC-insured² Evolving Economies CD for individuals interested in financial exposure to emerging economies, but concerned about the obvious risk.

"There is always risk. However, foreign currencies offer broader diversification, an important hedge against inflation and a lower overall market risk," said Chris Gaffney, Senior Vice President of EverBank World Markets. "The Evolving Economies CD provides an anchor within the tumultuous world of currencies -- guaranteed return of the deposited principal, regardless of market changes."

Additionally, the jump-note structure ensures that if the final return of the CD is more than 0 percent but less than 15 percent, the CD's upside payment will automatically jump to 15 percent.

Any market upside payment above 15 percent will be included in the final return. The final upside payment is derived from the average price of the combined currencies taken semi-annually for five years. Customers can not access the money over the five-year term.

EverBank's MarketSafeEvolving Economies CD has a minimum deposit of $1,500 and no account fees, unless the CD is structured as an IRA. The funding deadline is September 11, 2013.

For more information on MarketSafeCDs, visit www.everbank.com/evolving. You can contact an EverBank World Markets Specialist at 800.926.4922, or email your questions to worldmarkets@everbank.com.

ABOUT EVERBANK FINANCIAL CORP 
EverBank Financial Corp, through its wholly owned subsidiary EverBank, provides a diverse range of financial products and services directly to clients nationwide through multiple business channels. Headquartered in Jacksonville, Florida, EverBank had $18.4 billion in assets and $13.7 billion in deposits as of June 30, 2013. With an emphasis on value, innovation and service, EverBank offers a broad selection of banking, lending and investing products to consumers and businesses. EverBank provides services to clients through the internet, over the phone, through the mail, at its Florida-based financial centers and at other business offices throughout the country. More information on EverBank can be found at www.abouteverbank.com.

SOURCE EverBank Financial Corp