EverBank New Account Application User Guide
- July 2, 2024
- EverBank
Table of Contents
EverBank New Account Application
Product Information
Specifications:
- Manufacturer: EverBank, N.A.
- Location: PO Box 44060 Jacksonville, FL 32231
- FDIC Insured: Yes
- Contact: 1.800.926.4922 | everbank.com
Product Usage Instructions
New Account Application:
To apply for a new account, submit the application and required documentation to EverBank–New Accounts Department at the provided address.
For Non-Residents of the United States:
If you are not located within the United States, please do not proceed with the application as EverBank does not offer its products and services to individuals outside the U.S.
New Account Documents:
Include the necessary items based on the account type you\ choose. Visit everbank.com/forms to download the required documents.
Applicant Details:
Ensure all personal information is accurately provided in the application form.
FAQ
- 1. Can I apply for an account if I am not located in the United States?
- No, EverBank does not offer its products and services to individuals located outside of the United States.
- 2. How can I find out more information about the account types \offered?
- You can visit everbank.com/forms to download detailed information about the account types available.
New account application
To apply for any of our WorldCurrency® accounts, MarketSafe® Certificates of Deposit or non-FDIC insured Metals Select® accounts, complete this application online or by hand using blue or black ink. To apply for other accounts, visit us online at everbank.com.
Submit application and required documentation
- EverBank—New Accounts Department
- PO Box 44060
- Jacksonville, FL 32231
For new accounts funded by check, mail the check to:
- EverBank—New Account Deposits
- PO Box 11622
- Newark, NJ 07101-9940
Notes for Non Residents of the United States:
At this time, EverBank does not offer its products and services to individuals located outside of the United States. As a result, if you are not located within the United States, please do not proceed with this application or provide us with any of your personal information, as EverBank will be unable to process your request.
EverBank, N.A. is an FDIC insured national bank. For FDIC insurance purposes, your deposits with EverBank are combined by FDIC ownership category with any other deposits you may have with EverBank through other means, such as by your participation in deposit placement services or sweep agreements with another financial institution.
New account documents
The following items, which vary based on the account you choose, should be included with your completed application.
Power of Attorney (If applicable)
- Notarized agent or attorney-in-fact signature
- Copy of the Power of Attorney Payable-On-Death (POD) Accounts
- Manage Account Beneficiaries
Trust Account
- EverBank Trustee Certification
- Copy of page in Trust document describing the Trust (i.e. who is the Trustee(s), Grantor(s), title of Trust, creation date of Trust, etc.)
- Copy of signature page in Trust with grantor(s)’ and Trustee(s)’ signatures
Download a PDF by clicking on the icon or by visitingeverbank.com/forms
For security purposes and to help the government fight terrorism and money- laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. For this reason, we will ask you for your name, address, date of birth, Social Security number or other Tax Identification Number, and other information that will allow us to identify you. We may also ask other questions or request other documents meant to verify your identity.
Depending on the state laws applicable to the Custodial Account, this section may not be an appropriate or effective way to designate a successor custodian. By allowing you to name a successor, EverBank makes no legal representation as to the appropriateness or effectiveness of the designation for your particular account. Please contact your legal counsel with any questions regarding naming a successor custodian for your account
Applicant details
Notes for Non Residents of the United States: At this time, EverBank does not offer its products and services to individuals located outside of the United States. As a result, if you are not located within the United States, please do not proceed with this application or provide us with any of your personal information, as EverBank will be unable to process your request.
Primary applicant/minor/trustee
Secondary applicant/custodian/trustee/attorney in fact (power of attorney)
(If you have additional applicants copy this page as needed and return with application.)
Choose EverBank World Markets® account(s)
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EverBank, N.A. is an FDIC insured national bank. The standard FDIC insurance limit of $250,000 applies per depositor, per insured depository institution for each account ownership category. FDIC insurance covers against loss due to the failure of the institution, but not due to fluctuations in currency values. Due to the nature and volatility of the foreign exchange market, the values of currencies are subject to wide fluctuations against the U.S. dollar. Foreign currency denominated instruments will entail significant risk exposure to adverse movements of the foreign currency relative to the U.S. dollar. The amount of deposit insurance available for products denominated in foreign currency will be determined and paid in the United States dollar equivalent of the foreign currency, as the value of such currency is determined by the FDIC under its regulations, on the institution’s date of default. You can lose money, including principal, due to currency fluctuations. Please only deposit money that you can afford to risk, and as part of a broadly diversified strategy.
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WorldCurrency Access Deposit Accounts may be subject to a monthly maintenance fee. Any monthly maintenance fee will be disclosed on the rate sheet or on a separate disclosurethat we will provide to you at least 30 days prior to imposing or changing any monthly maintenance fee, and will be charged in the Foreign Currency in which the applicable Access Account is denominated.
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Accounts opened with foreign currency must meet the U.S. dollar equivalent minimum opening balances.
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The start date will be the first purchase date available following the approval, opening and sufficient funding of the account. EverBank reserves the right to terminate the Automatic Purchase Plan or your involvement in the Automatic Purchase Plan at any time, for any reason, including but not limited to overdrafts of your companion EverBank cash management account.
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MarketSafe® CDs, if held to the Maturity Date, will have a guaranteed return of the deposited principal (“Principal Protection”). Principal Protection only applies to CDs held to maturity. In the event of EverBank, N.A.’s failure, all of your deposits with EverBank, N.A. (including this MarketSafe CD) will be aggregated and insured by the FDIC up 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 penalty. See the Specific Terms–MarketSafe Certificate of Deposit Accounts section in your Account Terms, Disclosures and Agreements Booklet for more information.
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Accounts opened with foreign currency must meet the U.S. dollar equivalent minimum opening balances.
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Metals Select products:
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Are not FDIC-insured
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Are Not Bank or Government Guaranteed
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Are Not Deposits
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May Lose Value
Purchasing or owning metals involves degrees of risk that make them unsuitable for certain individuals. You should carefully consider the suitability of such metals before making
any decision. Metals Select transactions will not occur until your account is approved and sufficient funds are available. Please refer to the Specific Terms–Metals Select Accounts
section in your Account Terms, Disclosures and Agreements Booklet for additional information. -
The start date will be the first purchase date available following the approval, opening and sufficient funding of the account. EverBank reserves the right to terminate the Automatic Purchase Plan or your involvement in the Automatic Purchase Plan at any time, for any reason, including but not limited to overdrafts of your companion EverBank cash management account.
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Cash management account
The cash management account is part of the Asset Manager Service, which combines your World Markets and a cash management account into one relationship and is required to open a World Markets account. Please confirm your consent to have an EverBank Performance Cash Management Account opened for you by checking the box below.
Agreements and certifications
By signing section 9, opening or otherwise using an EverBank account, EverBank World Markets or EverBank Metals Select account, I understand and agree that EverBank, National Association (“EverBank”) will rely on the veracity and completeness of the information on this application in opening the requested account(s). I hereby certify that the information provided in the application and any accompanying documentation is true, complete, and accurate and that I will notify \EverBank of any material change in such information or statements. I agree/understand and certify to EverBank that:
- I have read and agree to be bound by the terms and conditions of the account as set forth in the Personal Account Terms, Disclosures and Agreements Booklet, the Deposit Account Fee Schedule, and any other disclosures or addenda related to the accounts or services I have requested on this application, and to which I give my consent to EverBank opening and/ or providing, each of which may be amended from time to time.
- I authorize you to make any credit, employment, or other investigative inquiries you deem appropriate (including, without limitation, obtaining a consumer report) in connection with your determination to open, renew, update, maintain, or collect on my account. I understand that upon my request, EverBank will provide information on whether a consumer report was obtained and the names and addresses of any consumer-reporting agencies that provided such reports.
- I understand that you may report information about my account to credit bureaus. Late payments, missed payments, or other default on my account may be reflected in my credit report. In addition, I understand that I am being notified, as required by law, that a negative credit report reflecting on my credit record may be submitted to a credit reporting agency if I fail to fulfill the terms of any credit obligations I may have to EverBank.
- I understand that all information I supply when applying for an account or requesting new or additional products or services becomes property of EverBank and will not be returned, except as required by law. By signing section 9, opening or otherwise using an EverBank World Markets account, including without limitation any WorldCurrency Access Deposit Account, WorldCurrency Certificate of Deposit Account, or WorldCurrency CD Basket denominated in a foreign currency, or any, MarketSafe Certificate of Deposit Account, or MarketSafe Cash Account, I agree/ understand and certify to EverBank that:
- I have read the WorldCurrency Account Terms and Conditions and understand that acquiring Foreign Currencies and conducting Currency Exchanges are high risk transactions potentially subject to substantial loss, including the loss of the principal in my account, and that Non-Deliverable Currencies (“NDCs”) present higher risk to me than Foreign Currencies from other countries. I represent and agree that I am willing and financially able to undertake these risks, and that I accept these risks and hold EverBank harmless for any losses I may incur as a result of these high risk transactions. I also agree and understand that the disclosures in this Application are in addition to, and do not replace, the Personal Account Terms, Disclosures and Agreements Booklet for my deposit accounts or any other disclosures that I am provided regarding foreign currency transactions.
- I understand that my EverBank deposits are insured by the FDIC for up to the standard maximum deposit insurance amount. FDIC insurance covers against loss due to the failure of the institution, but does not insure against any loss in value of my WorldCurrency Account due to Foreign Currency value fluctuations. The amount of FDIC deposit insurance available for a WorldCurrency Account will be determined and paid by the FDIC in the U.S. Dollar equivalent of the Foreign Currency in which the account is denominated. If applicable, the FDIC will determine the U.S. Dollar equivalent value of such Foreign Currency in the manner set forth in the FDIC’s regulations as of the date of default. I agree that my decision to open foreign currency-denominated accounts is not based upon any advice, recommendation, or suggestion by EverBank. I accept responsibility for and understand that my decisions and bank account strategies are at my sole discretion and risk. By signing section 9, opening or otherwise using a non-FDIC Insured EverBank Metals Select account, I agree/understand and certify to EverBank that:
- I understand that EverBank Metals Select products are not deposits, are not insured by the FDIC, are not bank or government-guaranteed, and may lose value. In addition, I understand that EverBank Metals Select products are subject to significant risk, including the possible loss of principal due to market price movement. Purchasing and owning metals involves degrees of risk that makes it unsuitable for certain individuals. I have carefully considered the suitability of this purchase, and any subsequent purchase or sale that I may make, before making any decision.
- I have read and agree to be bound by the terms and conditions of the requested account(s) as set forth in the EverBank Metals Select Terms and Conditions as may be amended from time to time. I agree that my decision to purchase precious metals is not based upon any advice, recommendation, or suggestion by EverBank. I accept responsibility for and understand that my investment decisions are at my sole discretion and risk. The undersigned agrees that we, EverBank, in our sole discretion, may accept documents that you have signed and sent to us by electronic means, like fax, email, or other file transmittal processes we might offer. By sending us any such document by electronic means, the undersigned agrees that we may rely on it and on the signature, and that the document is binding on the signer even if the original signed document is not delivered to us. Backup withholding certifications. For federal tax purposes, a U.S. person includes an individual who is a U.S. citizen or U.S. resident alien; a U.S. partnership, corporation, or company; and domestic trusts and estates. The following certifications relate to this tax status and reporting obligations applicable to EverBank. For joint accounts, these certifications are made as to the primary account holder. Non-U.S. persons do not make these certifications and should check the box below where indicated and provide the corresponding additional documentation.
Under penalties of perjury, I certify that:
- The taxpayer identification number I have given on this form is correct; and
- I am a U.S. citizen or other U.S. person; and
- I am not subject to backup withholding because:
- (a) I am exempt from backup withholding, or
- (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or
- (c) the IRS has notified me that I am no longer subject to backup withholding; and
- The FATCA code(s) entered on this form (if any) indicating that I am exempt from FATCA reporting is correct. Check this box if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return Check this box if you are not a U.S. person. Non-U.S. persons (that is, persons who are not a U.S. citizen, U.S. resident alien, or other U.S. person) will need to provide EverBank with the applicable IRS Form W-8 (to certify foreign status; electronic copies will not be accepted), a copy of your valid passport and proof of residence.
Signature(s)
By signing below the undersigned acknowledges and agrees to these terms and conditions.
Note: The Internal Revenue Service does not require your consent to any provision of this document other than the certification required to avoid backup withholding.
References
Read User Manual Online (PDF format)
Read User Manual Online (PDF format) >>