Commercial Banks in Florida for Personal and Business Banking

Florida has a thriving banking industry, with numerous commercial banks offering a wide range of personal and business banking services. Many of these banks have a long history in the state, such as Bank of America, which has been serving Floridians since 1904.

Some of the largest commercial banks in Florida include Wells Fargo, JPMorgan Chase, and SunTrust Bank, all of which have a significant presence in major cities like Miami, Tampa, and Jacksonville. These banks offer a variety of services, including checking and savings accounts, loans, and investment products.

For business owners, commercial banks in Florida offer specialized services such as cash management, merchant services, and small business loans. Many banks also have dedicated business banking teams that provide personalized support and guidance to entrepreneurs and small business owners.

Seacoast Bank is a commercial bank that offers personalized attention to its clients, with a presence in over 70 branches throughout Florida and access to 55,000+ fee-free ATMs. This level of accessibility is a major advantage for businesses in the state.

One of the key benefits of banking with Seacoast is its focus on innovation, which enables businesses to streamline their operations and elevate their success. This is achieved through services such as Payroll Processing, Merchant Services, Remote Deposit Capture, and ACH Network Services.

Seacoast Bank has a long history in Florida, dating back to 1946. This experience has allowed the bank to develop lifelong relationships with its clients and contribute to the state's economic transformation.

Here are some key statistics about Seacoast Bank:

City National Bank of Florida is another large bank in the state, with a strong capital position and ample liquidity. Its total risk-based capital ratio is 15.08%, well above the well-capitalized threshold of 10.00%.

Location is key when selecting a regional bank in Florida. Make sure the bank has a nearby location that fits your needs.

Availability is also important to consider. Some regional banks may have limited operating hours, including holidays, so be sure to check their schedule.

To ensure your bank's long-term stability, review their financials to see if they're generating enough assets and profit to expand.

Regional banks in Florida often offer competitive rewards and promotions, so be sure to compare their current offers with other banks.

Some regional banks in Florida may have limited product lines, so it's essential to check their account offerings to ensure they meet your needs.

When you're choosing a bank, it's essential to know what happens if the bank you're with fails. In some cases, the bank may be acquired by another institution, which is exactly what happened with First Commercial Bank of Florida.

Your deposits will be transferred to the acquiring bank, which in this case was First Southern Bank. You'll be able to access your accounts immediately and continue banking as usual.

First Southern Bank will honor checks that were drawn on First Commercial Bank of Florida, as long as there are sufficient funds in the account. This means you won't have to worry about bounced checks.

The FDIC will insure your transferred deposits for six months after the failure of First Commercial Bank of Florida. This provides an extra layer of protection for your money.

If you have questions about your account or the transfer process, you can contact an FDIC representative at 1-800-423-6395. They'll be happy to help.

You may also withdraw your funds without an early withdrawal penalty until you enter into a new deposit agreement with First Southern Bank. Just be aware that if your deposits are pledged as collateral for loans, this rule won't apply.

To determine the best banks, we analyzed the largest banks in a state, considering the total number of branches each has. We looked at the top national and local banks in Florida, using this metric as a starting point.

Our researchers surveyed various features of checking and savings accounts, including interest rates, fee structures, and minimum balances. These factors help us understand each account's level of accessibility.

We considered the number of branches each bank has in the state, which is a crucial factor in our decision-making process. This ensures that the banks we recommend have a strong presence in the area.

By examining these key factors, we can provide you with a comprehensive list of the best banks in a given state. This helps you make an informed decision when choosing a bank that suits your needs.

Commercial banks in Florida offer a range of options to suit different business needs. Seacoast Bank, for example, offers personalized attention and operational and lending solutions designed specifically for Florida commercial businesses.

Seacoast Bank has over 70 branches throughout Florida and access to 55,000+ fee-free ATMs, providing unparalleled support to its business customers. You can also take advantage of their secure digital banking services and innovative solutions such as Payroll Processing, Merchant Services, and Remote Deposit Capture.

Some regional banks in Florida, like BankUnited, offer a wide variety of account options, including checking and savings accounts with competitive APYs. BankUnited's Value and Vertical Rewards Elite checking accounts are particularly popular among consumers, with a manageable monthly fee of $7 that can be avoided by maintaining a $500 average balance.

Here are some key factors to consider when comparing regional banks in Florida:

Choosing the right bank can be a daunting task, especially with so many options available. You can consider regional banks, which often have a more personal touch and a wide range of products.

Regional banks can be a good fit if you prefer visiting physical branches over online banking. However, be aware that account and service fees can be high, so it's essential to review the fees before signing up.

If you're looking for a more traditional banking experience, regional banks often have a strong presence in their local communities. But if you're on the go, you might want to consider a national bank with a large branch network.

Some regional banks may not have the same level of online banking capabilities as national banks, so make sure to check their operating hours and availability before choosing.

To compare regional banks, consider the following factors:

If you're looking for a national bank with branches in Florida, Wells Fargo is a great option. With over 600 branches and 1,100 ATMs across the state, you'll have plenty of options for banking on the go.

Regional banks offer a unique banking experience that's different from national banks. They often have a more personalized approach and a wide range of available products. For example, Seacoast Bank offers operational and lending solutions designed specifically for Florida commercial businesses.

One of the advantages of regional banks is their wide branch network. BankUnited, for instance, has over 70 branches throughout Florida, giving customers plenty of options for in-person banking. Additionally, their online banking experience is pretty standard, with features like online bill pay and mobile check deposit.

Regional banks can be a good option for customers who value face-to-face interactions but don't want the impersonal feel of large national banks. However, it's essential to compare the current offers and fees at the regional bank you're considering with other available bank offers.

Some regional banks are limited in terms of their product lines, so it's crucial to check if they offer everything you need. For example, BAC Florida Bank's online-only branch, My eBanc, has a SuperSaver money market account with a no minimum 3.40% APY, but you must have at least $5,000 to deposit.

Here are some key factors to consider when comparing regional banks:

Commercial banks in Florida offer a range of services to support the state's growing economy.

Many banks in Florida have online banking platforms that allow customers to manage their accounts and pay bills from the comfort of their own homes. This convenience is especially useful for busy entrepreneurs and small business owners.

Some banks in Florida also offer mobile banking apps that enable customers to check their account balances, deposit checks, and transfer funds on-the-go. For example, Bank of America's mobile app allows customers to deposit checks remotely using their smartphone's camera.

Florida banks often have extended business hours to accommodate the state's large number of small businesses and entrepreneurs who need to access their accounts outside of regular business hours.

Fifth Third Bank stands out for its exceptional customer service, ranking as the top banking experience in Florida according to J.D. Power's U.S. Banking Satisfaction Study.

Their mobile app is one of the most popular on the market, featuring an ATM/branch finder, up to six months of account history, mobile check deposit, and Now Balance, a widget that allows customers to check their account balances without logging in.

The bank's mobile app also includes Zelle, a person-to-person mobile deposit service that can be used internally at Fifth Third or with any other U.S. bank account.

Fifth Third Bank offers a variety of checking accounts, including low-fee accounts and ones specifically designed for military personnel and students.

Their savings accounts and CDs are similarly diverse, with options like money market accounts, 529 college savings plans, and a Goal Setter savings account available.

Dividend Information is an important aspect of bank services that many people overlook.

First Commercial Bank of Florida has a dividend history that can be reviewed by interested parties.

Dividend information on failed financial institutions can be a valuable resource for those looking to learn from past experiences.

Some banks pay out dividends to their shareholders, but it's essential to research the bank's dividend history before investing.

The dividend history of First Commercial Bank of Florida is publicly available, making it easy for investors to make informed decisions.

It's crucial to note that dividend information on failed financial institutions can provide valuable insights into the bank's past performance.

Reviewing the dividend history of a bank can help investors understand the bank's financial stability and potential for growth.

Seacoast Bank offers personalized attention anytime, anywhere, with operational and lending solutions designed for Florida commercial businesses.

With 70+ branches throughout Florida and access to 55,000+ fee-free ATMs, you have support when and where you need it.

Seacoast Bank also provides innovative services like Payroll Processing, Merchant Services, Remote Deposit Capture, and ACH Network Services to help streamline your business.

Here are some key features to consider when choosing a bank in Florida:

If you're looking for a bank in Orlando, FL, you've got options. Seacoast Bank has over 70 branches throughout Florida, making it a convenient choice for many business owners.

Seacoast Bank offers personalized attention, allowing you to manage your business on your own terms. With access to 55,000+ fee-free ATMs, you can handle your finances whenever and wherever you need to.

Seacoast Bank provides a range of services to support your business, including payroll processing, merchant services, and remote deposit capture. These services can help streamline your operations and free up more time for you to focus on growth.

If you're looking for a more traditional banking experience, First Commercial Bank of Florida in Orlando offers a range of resources, including press releases and information on acquiring financial institutions.

Here are some key services offered by First Commercial Bank of Florida:

Finding a bank that suits your needs can be overwhelming, especially with so many options available in Florida.

The sheer breadth of banks in the state makes it a challenge to find the right fit.

You can start by looking at the top national and regional banks available in Florida, which can be a good starting point.

These banks are often well-established and have a wide range of services, but they may not always be the best fit for your specific needs.

In Florida, there are also other banks that are best suited for your specific needs, such as online banks or community banks.

These types of banks may offer more personalized service or more competitive rates, but they may not have the same level of recognition as some of the larger national banks.