EverBank Financial Corp (NYSE:EVER) Files An 8-K Other EventsItem 8.01.
On June 7, 2017, TIAA Board of Overseers (“Overseers”), Teachers Insurance and Annuity Association of America (“TIAA”), a wholly owned subsidiary of Overseers, and TCT Holdings, Inc. (“TCT Holdings”), a wholly owned subsidiary of TIAA, received approval from the Board of Governors of the Federal Reserve System to complete the acquisition of EverBank Financial Corp (the “Company”), and its subsidiary, EverBank, a federal savings association, in accordance with the Agreement and Plan of Merger, dated as of August 7, 2016, by and among the Company, TIAA, TCT Holdings and Dolphin Sub Corporation, a wholly owned subsidiary of TCT Holdings.
The transaction is expected to be completed on or about June 9, 2017, subject to the satisfaction of customary closing conditions.
About EverBank Financial Corp (NYSE:EVER)
EverBank Financial Corp is a unitary savings and loan holding company. The Company is a financial services company that provides a range of financial products and services to individuals, as well as small and mid-size business clients nationwide. It operates through three segments: Consumer Banking, Commercial Banking and Corporate Services. Its Consumer Banking segment includes consumer deposit services and activities, residential lending and servicing, wealth management and capital markets. Its Commercial Banking segment includes commercial deposit services and activities, commercial and commercial real estate lending, lender finance, equipment finance and leasing, mortgage warehouse finance and commercial deposits. Its Corporate Services segment provides support services to the Consumer Banking and Commercial Banking segments. It markets and distributes its banking products and services through its online and mobile financial portal, financial centers in Florida markets.