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TIAA combines two units to form TIAA Bank

TIAA has combined two units, EverBank and TIAA Direct, under a new brand and name to form TIAA Bank.

Headquartered in Jacksonville, Fla., TIAA Bank will operate nationally with deposits, residential and commercial lending and other banking products and services.

TIAA acquired EverBank in June 2017.

Deposit and lending services and products are provided by TIAA Bank, a division of TIAA FSB.