Our story · How we're computed · Our (nonexistent) headquarters
EveryBank, N.A. was not founded, chartered, or capitalized. It was computed. Every quarter it is recomputed from scratch: the average of every bank in America. It has no board, though it has one on its earnings calls. It has no headquarters, though it has two.
Every headline about "the average American bank" picks one of two very different banks and doesn't say which. One is every dollar in the system divided by the number of banks. The other is the bank in the middle of the line. EveryBank is both, and they disagree about almost everything.
6,122 banks in 2016 Q1. 4,239 in 2026 Q2. Nobody closed the average; it merged.
Mean went from $2.66B to $6.24B. Median went from $194M to $387M.
Every figure on this site comes from three public sources:
One pin for every bank's main office. Median lives in a field in Pike County, Missouri, near Eolia. Mean lives near New Haven, Missouri. Neither has a sign out front.
EveryBank's management team is, like the balance sheet, a composite, invented for the earnings materials and not drawn from any real institution.
It is not a real bank. It has no charter, no FDIC certificate, no ticker, and it will not open you an account, take your deposit, or process a loan application. It is not FDIC-insured and holds no deposits. It is an average.