Personal Banking Services
Customized Banking Account Solutions for You
Personal Checking Account
A non-interest bearing account with unlimited check-writing privileges. No monthly maintenance fee when you sign up for direct deposit. A monthly maintenance fee of $8 will be imposed if the balance falls below $500.
50 Plus Checking
Free checking for individuals 50 and older. Enjoy unlimited check writing with no monthly maintenance fee. Free online banking and bill pay.
Student Checking
Designed with students in mind. Enjoy unlimited check writing with no monthly maintenance fee when you sign up for direct deposit. A fee of $3 will be imposed if the balance falls below $100.
Personal Now
An interest-bearing account providing higher returns on higher account balances. Unlimited check-writing privileges along with free online banking and bill pay. Featuring five interest tiers, the account pays interest based on the daily collected balance in the account each day during the statement cycle. If the balance in the account falls below $1,500, a monthly maintenance fee of $10 will be imposed.
The WOW Account
An opportunity to earn a highly competitive rate on checking account balances with unlimited check-writing privileges and no monthly maintenance fee. Free unlimited ATM transactions, official check, travelers checks and wire transfers. No interest is paid if the daily collected balance on any day in the statement cycle falls below $50,000.
Pinnacle Checking
An interest-bearing account providing higher returns on higher account balances.
Additional benefits include:
Unlimited Check Writing
Free online banking and bill pay
4 free ATM transactions at other banks per month
Free official checks
Free travelers checks
Free 3x5 safe deposit box
Preferred rates on consumer loans
The monthly maintenance fee of $20 is waived with combined balances of $25,000 in personal checking and money market accounts. A minimum opening deposit of $1,000 is required.
Personal Money Market
This account offers a competitive rate of interest with limited check-writing privileges. Featuring five interest tiers, the account pays interest based on the daily collected balance each day during the statement cycle. If the balance in the account falls below $2,500, a monthly maintenance fee of $10 will be imposed.
Personal Savings Account
Offering competitive rates, easy access to your funds and no monthly maintenance fee when you maintain the minimum balance requirements. Featuring five interest tiers, the account pays interest based on the daily collected balance each day during the statement cycle. If the balance in the account falls below $300, a $3 fee will be imposed.
Youth Savings
Specially designed for individuals under 18 years of age. Earn a competitive rate of interest on all balances over $.01. A $3 quarterly maintenance fee is imposed if the balance falls below $25. You may make one free withdrawal per quarter. $1 is charged per withdrawal in excess of one. A minimum opening deposit of $25 is required.
CD and CD-IRA Accounts
Florida Bank of Sarasota offers a variety of certificates of deposit. You can open a certificate with as little as $1,000. Terms range from six months to five years. Interest may be payable monthly, quarterly, semi-annually or annually. Interest is paid on the entire account balance. All certificates of deposit are subject to a penalty for early withdrawal.
Christmas Club Account
This account offers a competitive rate of interest with no service fees. Interest is paid annually on the entire account balance on October 31. If the account closes or a withdrawal occurs prior to October 31, no interest is paid. A minimum opening deposit of $50 is required.
Business Banking Services
Cash Management Services
Account Analysis
Take advantage of your excess account balances to offset service charges.
Zero Balance Accounts/Target Balance Accounts
Move funds between accounts automatically, freeing up time to concentrate on your business.
ACH Origination
Move funds electronically without the processing and clerical expense of paper transactions.
Direct Deposit
Give your employees a free personal checking account when you offer direct deposit.
On-Line Information
Timely, accurate and convenient access to your accounts allows you to view and print account activity reports, initiate stop payments, make transfers, wire funds and originate ACH transactions from virtually anywhere in the world, 24 hours a day.
Account Reconciliation and Positive Pay
Reduce your exposure to check fraud by providing us with a list of your issued checks. When the check comes through, we verify it against your file and notify you if it is invalid. At the end of the month, you'll receive an exportable file with all of your cleared and outstanding checks.
Checking Accounts
Business Checking
A non-interest bearing checking account for a business that has low transaction volume. With total transactions below 150 and an account balance in excess of $2,500, there is no service charge for this account.
Business Now Checking Account
An interest-bearing account for sole proprietors and not-for-profit organizations. A monthly service fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $1,500.00 any day of the statement cycle.
Entrepreneur Checking Account
A non-interest bearing checking account for a business that has low transaction volume. There is no monthly maintenance fee for this account. A fee of $.35 is imposed if the total number of items exceeds 100. This includes deposits, deposited items and items paid. A minimum opening deposit of $100 is required.
Attorney's Interest On-Trust Account
An account designed with the unique needs of a law office in mind. There is no service charge on this account and we pay interest directly to the Florida Bar per regulation.
Business Money Market Account
Interest-bearing account. A monthly service fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the statement cycle.
Business Savings
Interest-bearing account. A monthly service fee of $3.00 will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the statement cycle.
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