Steve Fischer Archives

TIAA Completes Sale of TIAA Bank; Bank Officially Returns to EverBank Brand Name

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.

TIAA Bank to Return to EverBank Brand Name

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.

June 27, 2023 EverBank | Steve Fischer | TIAA Bank Ian Koplin

TIAA to Sell TIAA Bank to New Investors

TIAA entered into a definitive agreement to sell TIAA Bank to new investors with experience in financial services, including Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management.

<img width="200" src="https://www.abfjournal.com/wp-content/uploads/2020/02/abfj-logo-web-header1-blue.png" alt="ABFJournal" />

Tag Archives: Steve Fischer

TIAA Completes Sale of TIAA Bank; Bank Officially Returns to EverBank Brand Name

TIAA Bank to Return to EverBank Brand Name

TIAA to Sell TIAA Bank to New Investors