Jacksonville-based EverBank announced June 3 that its new Florida Commercial Banking team will be led by Fontaine LeMaistre IV, senior vice president and regional commercial banking manager.
EverBank said that while some of the commercial products have been part of its previous business lending offerings, “the division is new and the team managing it has been selected by bank leadership based on their deep expertise and relationships with commercial and industrial clients across the First Coast.”
The Jacksonville-based Commercial Banking team will be based out of the bank’s headquarters at 301 W. Bay St. in Downtown Jacksonville.
EverBank said that as the largest Jacksonville-based bank, its commercial banking division will work with commercial and industrial clients in Jacksonville and across Florida.
“This experienced team underscores the bank’s commitment to fostering economic growth and further demonstrates its focus on serving communities where the bank’s associates work and live,” the bank said.
EverBank Commercial Banking is a division of EverBank, a nationwide specialty bank.
The division offers lines of credit, including revolving and nonrevolving, term loans, owner-occupied real estate and standby letters of credit.
The commercial banking team comprises:
• Fontaine LeMaistre IV, with more than 20 years of commercial lending experience. His most recent roles at EverBank include institutional banking director and commercial sales operations leader.
• Jesse Stakes, vice president and commercial relationship manager. Stakes has more than 19 years of experience in finance and banking in the Jacksonville metropolitan area.
• Sabrina Fonda, associate commercial relationship manager. Fonda recently joined the commercial banking team after completing EverBank’s Rotational Development program.
EverBank has had an evolving history in Jacksonville and now is establishing a bigger commercial banking presence.
New York City-based TIAA acquired Jacksonville-based EverBank Financial Corp. in 2018. It merged EverBank with TIAA’s smaller bank subsidiary.
TIAA announced in November 2022 it was selling the Jacksonville-based bank to a group of investment funds.
It said Aug. 1, 2023, it completed the sale and the bank began operating as EverBank N.A.
TIAA said it retained a minority ownership interest in EverBank and will continue to have ongoing business relationships with it.
EverBank remains headquartered in Jacksonville in a 30-story Downtown tower at 301 W. Bay St. It changed the signs on top of the tower to the EverBank name.
Meanwhile, EverBank also retains its name on another major Downtown structure.
EverBank Stadium will remain the name of the Jacksonville Jaguars’ home field through 2027 under a proposed sponsorship contract extension, the bank and team announced May 17.
Pending approval by the city of Jacksonville, the extension would add three years to EverBank’s 10-year naming-rights agreement. The deal was set to expire after the 2024 season.