EverBank Tech-Finance Group Adds Lenders from Siemens, PNC

By Brian Browdie January 14, 2013, 12:06 p.m. EST 1 Min Read

Consumer banking

Lisa Gabrielson Joins EverBank's Healthcare Finance Unit

A unit of EverBank Financial (EVER) has hired a former U.S. Bank sales manager as the Jacksonville, Fla., company continues to diversify its business.

By Jackie Stewart

October 12
Consumer banking

EverBank Hires Golf Lending Team Away from TCF

In its ongoing effort to distinguish itself as a specialty lender, the Jacksonville, Fla., company announced Monday that it has established a golf lending division and that it has hired a team of lenders away from TCF Financial (TCB) to run it.

By Alan Kline

August 14
M&A

EverBank Finalizes $2.4B Purchase of GE Business-Lending Unit

The $15 billion-asset company said Monday it has completed its purchase of the business property lending unit of General Electric's (GE) GE Capital for $2.4 billion in cash.

By Brian Browdie

October 2
Community banking

EverBank in Florida Boosts Earnings Despite Costly Retail Push

EverBank Financial (EVER) showed during the third quarter that it was willing to sacrifice its net interest margin to build both sides of its balance sheet.

By Rachel Witkowski

October 25

EverBank Financial (EVER) in Jacksonville, Fla., has added lenders to boost business with buyers and sellers of technology equipment.

The $16.5 billion-asset company said Monday it has named Jeff Schaner and Mark Sheehan vice presidents of business development at its commercial finance arm. They will be responsible for expanding EverBank's commercial finance business, which is run from Parsippany, N.J.

Schaner joins EverBank from Siemens Financial Services (SI), where he handled lending for medical facilities, after serving for nearly nine years as an equipment-finance lender at PNC Financial Services Group (PNC).

Sheehan joins EverBank from PNC Equipment Finance, where he served as a vice president of sales since 2003.

"As we look to grow upon our successes over the past year, Mark and Jeff's extensive sales expertise and proven track records will be extremely valuable to expanding EverBank Commercial Finance's relationships with the technology industry's leading vendors to provide financing solutions to their customers that help them succeed," Jeff Teucke, general manager of EverBank's technology platform, said in a news release.

The hires reflect a continuing push by EverBank to diversify its business via commercial loans. In October, the company bought a lending unit form GE Capital and hired a former U.S. Bank sales manager to expand the company's healthcare-equipment-finance business.

EverBank in August established a division to provide financing to golf-equipment distributors and hired a team from TCF Financial (TCB) to run it. In May, EverBank launched a wealth management unit the company said would target affluent customers nationwide.

Brian Browdie