Home Loans

Sabal Palm Bank adds the “personal” to the financing of your home. Located in the Sarasota and Venice areas, our business is to finance the purchase of homes in our local market. Makes sense to us. After all, when your home is in our local market, shouldn’t your lender be, too? We are a safe, secure and trusted option for your mortgage needs.
Let a Sabal Palm Bank Residential Loan Officer help you find the right mortgage.

SVP, Sarasota City Exec
941-806-0427
KCollums@SPBank.com
NMLS #478645

Residential Lending
727-798-2278
MMoore@SPBank.com
NMLS #331574

Residential Lending
813-367-7092
JBell@SPBank.com
NMLS #1069478

Residential Lending
325-669-6038
JGates@SPBank.com
NMLS #1904357
Learn more about:
Home Equity LOCs
Home Equity Line of Credit
With a Sabal Palm Bank Home Equity Line of Credit you can borrow up to 75% of the value of your home. Pay interest on the amount you use for up to 10 years. You’ll have the flexibility to access your funds by writing checks or via Online Banking, with the benefit of borrowing at a great rate.
A Sabal Palm Bank Home Equity Loan Specialist can help you:
- Learn more about how a home equity product can work for you
- Determine if a home equity line of credit would be best for you
- Get information on how much equity is in your home
Discuss product, rate and term options. All loans subject to normal credit approval.
Contact our HELOC specialist today!
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Kathy Collums SVP, Sarasota City Exec 941-806-0427 KCollums@SPBank.com NMLS #478645 |
Are you a Sabal Palm Bank customer but haven’t activated your Online Banking? Enroll Today (opens in new window/tab).
Deposit Accounts

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 | $10 | $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 collected 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.
Credit Cards

Make the Choice that Works Best for Your Lifestyle
We are proud to offer a local credit card with hometown convenience, worldwide acceptance, great benefits and much more.The Sabal Palm Bank Platinum Collection, and the World and World Elite Collection, from Mastercard® offer you a credit card designed to complement the way you live provided by the community bank you trust. Click the link below to apply.*
Platinum
- No annual fee
- ID Theft Protection™
- Mastercard Airport Concierge™
Platinum Payback
- No annual fee
- 1% Cash Back
- ID Theft Protection™
- Mastercard Airport Concierge™
Platinum Preferred
- No annual fee
- Earn unlimited one point for every dollar spent
- ID Theft Protection™
- Mastercard Airport Concierge™
- Eligible for 25,000 bonus points
World
- Earn more points or cash back
- No foreign transaction fees
- Eligible for 25,000 bonus points
- ID Theft Protection™
- Mastercard Airport Concierge™
- Postmates discount
- Free ShopRunner membership
- onefinestay discounts
- Cell Phone Protection
- Mastercard Travel & Lifestyle Services
- $35 Annual Fee
World Elite
- Most valuable points or cash back
- No foreign transaction fees
- Eligible for 25,000 bonus points
- ID Theft Protection™
- Mastercard Airport Concierge™
- Postmates discount
- Free ShopRunner membership
- onefinestay discounts
- Cell Phone Protection
- Mastercard Travel & Lifestyle Services
- Boxed benefits
- Fandango rewards
- Lyft benefits
- $299 Annual Fee
*Certain terms, conditions and exclusions apply. Contact your issuing financial institution for complete coverage terms and conditions or call 1-800-MASTERCARD for assistance. Subject to enrollment and periodic promotions. Mastercard and the Mastercard Brand Mark are registered trademarks of Mastercard International Incorporated.
Apply Now (opens in new window/tab)
Become a Customer
Thank you for your interest in opening an account with Sabal Palm Bank. We can quickly have your account open and funds moved.
To get started, please download, complete and securely upload the New Account Information Form below. Once we have received the form, you will receive a call back before the end of the next business day.
IMPORTANT INFORMATION ABOUT OPENING A CONSUMER ACCOUNT
On September 11, 2001, our lives changed forever. In an effort to protect you and our country, the USA PATRIOT Act was signed into law. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
When you open an account we will ask for your name, address, date of birth and other information that will allow us to identify you. We will need a copy of your driver’s license or other identifying documents.
New Account Information Form (opens in new window/tab)
To fund your new account by electronic transfer, simply download, complete and securely upload the Transfer Authorization Form below.
Transfer Authorization Form (opens in new window/tab)
Send Documents: | Secure File Upload (opens in new window/tab) | or Fax Documents to (941) 306-0909 |