Everbank was formed in 1994 when current CEO Robert Clements led a group of investors in acquiring Jacksonville, Florida based Alliance Mortgage Company.
In 1998, Alliance formed First Alliance Bank and acquired Marine National Bank.
In 2002, First Alliance acquired Everbank and took the name Everbank in 2004.
In 2007, the company was set to acquired NetBank but the acquisition fell through at the last minute due to the subprime mortgage crisis.
In 2010, the assets of the Bank of Florida were acquired from the FDIC. The company also purchased the rights to Jacksonville Municipal Stadium, now known as Everbank Field.
The Everbank corporate office is located in Jacksonville, FL.