Loans
“I believe in our Community and the small businesses working and living here. If and when we have the opportunity to support that business we’ll make every effort to make it happen.” Neil McCurry, President & CEO
Lending
Sabal Palm Bank lending staff has been living and lending in the Sarasota/Manatee area for over 25 years. They have played an active role in commercial real estate, small business development and association lending. Our experienced loan officers will listen to your needs. Whether you have a simple or complex deal, we have the resources to fund or support funding of all types of commercial transactions. We are also proud to be one of the safest financial institutions in the country, with a 5 Star Bauer Rating.
EVP, Senior Lender
941-806-0423 RHalloran@SPBank.com
SVP, Comm. Lender
941-806-0429 SPowers@SPBank.com
VP, Comm. Lender
941-806-5495 JPilkington@SPBank.com
Commercial Real Estate
Sabal Palm Bank lenders will always take the time to know your business. With that insight, together we will tailor financing for any types of commercial property.
Term Loans
When it is time to purchase equipment or vehicles, consolidate debt, or make tangible business improvements, talk with an experienced Sabal Palm Bank Lender.
Lines of Credit
Write yourself a loan when you need capital, have equity concerns, or have a new business opportunity.
All credit decisions are subject to approval. Property insurance, flood hazard insurance, appraisal or other requirements may apply.
Business Specialists
Our experienced Business Specialists are ready to help.
With a priority on finding the right solutions for your particular business, we can help with all your banking needs.
VP, Branch Manager
941-806-5481 GHouseworth@SPBank.com
AVP, Business Development
941-806-5480 CLewis@SPBank.com
VP, Business Development
941-806-5483 TMurphy@SPBank.com
Deposit Accounts
“Let us walk with you along this small business path. As Community Bankers, we understand living and breathing business. We understand ownership”
Dee Barth, VP/Operations
Features & Benefits
Available with all Commercial Checking Accounts at Sabal Palm Bank
- MasterCard EMV chip Debit Card
- Online Banking with Bill Pay
- Mobile Banking including Mobile Deposits
- Cash Management Services including:
- Remote Deposit Capture
- ACH Services
- Wire Transfer Services
- Positive Pay Fraud Prevention
- Combined Statements/Electronic Delivery of Statements
- Access to Presto or Bank ATM machines at no charge
Other Services:
- Commercial Loans to Meet most Business Needs
- Retirement Accounts
- Personal Service with Every Call
| FEATURES | Everyday Business Checking | Community Business Checking | Non-Profit Interest Checking | Analysis Checking | Business Money Market Account | Business Savings Account |
|---|---|---|---|---|---|---|
| Why | Checking made simple and easy for the small business | More transactions allowed for the more active small business | An economical solution for non-profit companies | For a more robust business, earn credits to offset transaction fees | Earn interest with limited access to your funds | Earn interest with greater access to your funds |
| Account Fee | $15 per month if average daily collected balance falls below $500 | $20 per month if average daily collected balance falls below $2,500** | None | $15 per month may be offset by earnings credit | $15 per month if average daily collected balance falls below $2,500 | $5 per quarter if average daily collected balance falls below $300 |
| Transaction | 200* transactions per month at no cost. $.25 per additional item | 500* transactions per month at no cost. $.25 per additional item | 300* transactions per month at no cost. $.25 per additional item | Priced per item | $15 per withdrawal transaction in excess of 6*** per month | $2 per withdrawal transaction in excess of 6*** per quarter |
| Interest | Not Applicable | Not Applicable | Tiered beginning at $.01 | Not Applicable | Tiered beginning at $.01 | Non-tiered |
| Compounding | Not Applicable | Not Applicable | Daily and credited monthly | Not Applicable | Daily and credited monthly | Daily and credited quarterly |
Minimum opening balance for all Sabal Palm Bank business checking accounts is $100.00.
* Transactions include: Checks paid, debits, credits and deposited items.
**Service Charge can be waived with a related Business Savings or Money Market Account with an average daily collected balance of $25,000 during the statement cycle or a related Commercial Loan with an outstanding balance of $10,000 or greater during the statement cycle.
***Special Information regarding Money Market and savings accounts.
Become a Customer
Thank you for your interest in opening an account with Sabal Palm Bank. With three easy steps we can have your account open and funds moved:
1. To get started, the following information is required:
| To apply, you will need: | To fund a new account by electronic transfer, you will need: |
|
|
2. Click the Contact Us link to have one of our Customer Service Representatives contact you. You will receive a call back before the end of the business day.
3. Establish a time to stop in one of our offices or have a Sabal Palm Bank Representative stop by your place of business to complete the paperwork.
At Sabal Palm Bank, we still believe in meeting our clients, shaking hands, and establishing a personal relationship.
