Everbank Launches BRICS Marketsafe® CD

New CD provides opportunity to invest in currencies of the dynamic BRICS nations of Brazil, Russia, India, China and South Africa

JACKSONVILLE, Fla.--()--EverBank announced the launch of the three-year BRICS MarketSafe® CD, which combines the market potential of the Brazilian real, Russian ruble, Indian rupee, Chinese renminbi and South African rand. This U.S. dollar-denominated CD offers 100-percent principal protection1, with final return based on the average performance of the five currencies over three years, with semi-annual pricing2.

“Foreign currencies offer broader diversification, an important hedge against inflation and a lower overall market risk. EverBank’s new BRICS CD provides an anchor within the tumultuous world of currencies -- guaranteed return of the deposited principal, regardless of market changes.”

“Opportunity is the key word when talking about the BRICS nations and the economic potential they and the new BRICS Development Bank bring to the global economy,” said Chuck Butler, president of EverBank World Markets. “China and India are viewed as countries that may become the world's dominant suppliers of manufactured goods and services, Brazil and Russia may become similarly dominant as suppliers of raw materials and South Africa continues to gain prominence in global trade. We created our new MarketSafe CD to provide a vehicle for investing in the collective potential of the currencies of these emerging powerhouse countries.”

EverBank created the FDIC-insured1 BRICS CD for individuals interested in financial exposure to emerging economies, but concerned about the obvious risk. The CD launched September 18, 2014.

“Investing in foreign currencies, particularly in emerging economies, always poses risk but also affords opportunities,” said Chris Gaffney, senior vice president of EverBank World Markets. “Foreign currencies offer broader diversification, an important hedge against inflation and a lower overall market risk. EverBank’s new BRICS CD provides an anchor within the tumultuous world of currencies -- guaranteed return of the deposited principal, regardless of market changes.”

EverBank’s BRICS MarketSafe CD has a minimum deposit of $1,500 and no monthly account fee. This CD does not pay a periodic rate of interest or annual percentage yield. The funding deadline is October 15, 2014.

For more information on MarketSafe CDs or to see the BRICS MarketSafe CD Term Sheet, visit www.everbank.com/BRICS. 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 $19.8 billion in assets and $13.9 billion in deposits as of June 30, 2014. 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.

1. Principal protection only applies to CDs held to maturity. In the event of Bank failure, the CD balance is FDIC insured up to $250,000. Your other deposits with EverBank will be aggregated with the MarketSafe® CD with respect to the $250,000 maximum. Except in the event of death or adjudication of incompetence of the holder of the MarketSafe CD, you may not withdraw any part of the CD prior to maturity. If you do withdraw early, even if that is due to the death or adjudicated incompetency of the holder of the CD, you will NOT receive Principal Protection and will NOT benefit from any upside potential of the Reference Index, experiencing a loss of principal as an early withdrawal charge. Please see Account Terms, Disclosures and Agreements Booklet.

2. These currencies are not being acquired by you or EverBank. The upside payment of this U.S. dollar denominated CD will be based on the equally weighted value of various indices reflecting the performance of those currencies against the U.S. dollar as measured on the established Pricing Dates (the “Reference Index”). Pricing timing and index value information is as follows: Brazilian real: USDBRL as the fixing offer-rate expressed as a number of BRL per one USD as observed on the PTAX calculated on the particular Pricing Date and published the next day on Reuters Page “BRFR” at or around 6:00pm Sao Paulo time; Russian ruble: Reuters on page RUBMCMEEMTA=, or any substitute page thereto, under USD at approximately 10:00 a.m. in London, England. Indian rupee: Reuters on page RBIB, or any substitute page thereto, under USD at approximately 12:30 p.m. in Mumbai, India. Chinese renminbi: Reuters on page SAEC, or any substitute page thereto, under USD at approximately 9:15 a.m. in Beijing, China. South African rand: USDZAR as the fixing mid-rate listed on the WMCO page on Bloomberg on the particular Pricing Date and published at or around 4:00pm London time. The Initial Market Value (“Initial Value”) for any one currency shall be the index value for that currency as of the Initial Value Date. This CD features a semi-annual pricing structure. In the event Bloomberg or Reuters fails to publish the last price for any one or all of these indices, EverBank reserves the right to use an alternative equivalent index or price determination in its discretion.

Contacts

EverBank Financial Corp
Kipin Alexander, 904-623-8044
kipin.alexander@everbank.com

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