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.
Our experienced loan officers are ready to help you. With a priority on quick turnarounds, we can help you get closer to achieving your goals.
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.
Value Services
What defines added value?
- Someone that answers the phone when you call? We do that.
- Easy access to your funds? Sabal Palm Bank offers several options.
- The traditional method of checks and cash
- MasterCard Business Debit Cards
- ACH Origination Services
- Online Banking (Internal and External transfers)
- Bill Payment Services
- Mobile Money (Acount-to-account and Person-to-Person)
- Wire Transfer (On-line or in-person)
- Easy to deposit your funds? We work hard to make this easy for our clients
- Traditional office setting with Drive Thru
- Remote Deposit Capture
- Mobile Deposit Capture
- Lockbox Services
- ACH/Wire Transfer
- 24/7 access to information? We can accommodate that.
- Mobile Banking
- Online Banking
- Our cell phone numbers
- Fraud Prevention? We want that, too.
- Positive Pay Services
- MasterCard Debit Card fraud alerts hosted through OmniShield
- Physical review of clearing items
For more information on any of theses service please contact any of our Service Professionals.
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
- Free MasterCard EMV chip Debit Card
- Free Online Banking with Bill Pay
- Free Mobile Banking (subject to limitations)
- Free E-Statements
- Combined Statements
- Direct Deposit
- Overdraft Protection between Deposit accounts or Line of Credit
- Access to Presto or Bank ATM fee free
- Experienced local Bankers that want you to attain your goals of home ownership, entrepreneurship, retirement.
| FEATURES | Everyday Business Checking | Analysis Checking |
Non-Profit Checking |
Money Market |
| Why | Checking made simple and easy for the small business | For a more robust business, earn credits to offset transaction fees | An economical solution for non-profit companies | Earn interest with limited access to your funds |
| Balance Requirements | Average daily collected balance of $500 | None | None | Average daily collected balance of $2,500 |
| Interest | Non-Interest bearing | Non-Interest bearing | Interest paid of collected balances | Interest paid on collected balances |
| Account Fee | $15 per month if balance falls below Balance Requirement | $15 per month that may be offset by earnings credit | Waived | $15 per month if balance falls below Balance Requirement |
| Transactions | $.25/transaction in excess of 200 transactions in a month** | Unlimited transactions | $.25/transaction in excess of 300 transactions in a month** | Limited Transactions* $15 per excessive transaction |
Minimum opening balance for all Sabal Palm Bank checking accounts $100.00.
*Special Information regarding Money Market and savings accounts.
** Transactions include: Checks paid, debits, credits and deposited items.
Sabal Palm Bank offers Certificates of Deposit for terms of 7 days through 5 years. Please call for current rates.
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: |
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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.
