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 Lending Officer
941-806-0423
RHalloran@SPBank.com
SVP, Commercial Lender
941-806-0429
SPowers@SPBank.com
VP, Commercial 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.
NMLS# 673329
VP, Branch Manager
941-806-5481 GHouseworth@SPBank.com
NMLS# 468733
AVP, Business Development
941-806-5480 CLewis@SPBank.com
NMLS# 1674685
VP, City Exec, Venice
941-806-5483 TMurphy@SPBank.com
Deposit Accounts
Stop by and let us chart out a Banking relationship that works for you.
Features & Benefits
Available with all Personal Checking Accounts at Sabal Palm Bank
- Free MasterCard EMV chip Debit Card
- Free Basic 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
- No ATM Fee at Presto (Publix) or Sabal Palm Bank ATM’s
- Experienced local Bankers that want you to attain your goals of home ownership, entrepreneurship, retirement.
| Features | Interest Checking | Senior Checking (age 60) | Everyday Checking | Personal Money Market Account | CD | Regular Savings Account | Minor Savings Account | Health Savings Account |
|---|---|---|---|---|---|---|---|---|
| Minimum Opening Balance | $100 | $100 | $100 | $100 | $500 | $100 | $100 | $100 |
| Account Fee | $15.00 per month if average daily collected balance falls below $1,000 | $4.95 per month if average daily collected balance falls below $500. Sabal Palm Bank logo checks at no cost for life of account. | $7.95 per month if average daily collected balance falls below $500 | $15.00 per month if average daily balance falls below $2,500 | None | $5.00 per quarter if average daily collected balance falls below $300 | None | 1st year waived. $50 per year if average daily collected balance falls below $10,000. |
| Transaction | Unlimited | Unlimited | Unlimited | $15.00 per withdrawal transaction in excess of 6* per month | Non-Transactional account. Early redemption penalties apply. | $10.00 per withdrawal transaction in excess of 6* per month | $10.00 per withdrawal transaction in excess of 6* per month | Unlimited |
| Interest | Tiered beginning at $.01 | Tiered beginning at $.01 | Not applicable | Tiered beginning at $.01 | Vary with term/maturity | Non-tiered | Non-tiered | Tiered beginning at $.01 |
| Compounding | Daily and credited monthly | Daily and credited monthly | Not applicable | Daily and credited monthly | Daily and various crediting options available | Daily and credited quarterly | Daily and credited quarterly | Daily and credited monthly |
*Special Information regarding Money Market and savings accounts.
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.
