Sunstate Bank has two physical branches in Florida located at Palmetto Bay and Coral Gables, as well as thousands of ATMs worldwide through their Presto!, Pulse, and Maestro networks. Their small business offerings include business savings and checking, loans, merchant services, and investment services. They have a mix of positive and negative reviews online.
Sunstate Bank Business Checking Rates & Fees
|Monthly Fee||$12 per month if balance requirement is not met|
|Minimum Balance Requirement||$1,500 minimum daily collected balance or $2,500 average collected balance per statement cycle|
|Transaction Fee||100 free items per month; $0.30 per item thereafter|
|Wire Transfer Fee||Incoming: $15|
Outgoing (domestic): $25
Outgoing (international): $50-$75
|Cash Deposit Fee||Free $5,000 per month, $1.50 per $1,000 thereafter|
|Overdraft Fee||$33 per item|
|ATM Fee||$2 each for any non-network ATM transaction|
Sunstate Bank Network
Sunstate Bank operates two branches located in Palmetto Bay (headquarters) and Coral Gables. As a member of the Presto!, Pulse, and Maestro networks, Sunstate Bank provides their customers with comprehensive worldwide ATM services. You can use their branch locator to see which locations are closest to you.
Sunstate Bank Additional Business Banking Services
Sunstate Bank also offers the following business services: business savings and money market accounts and business and commercial real estate loans. They currently do not offer business credit cards, lines of credit, SBA loans, and wealth management. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Commercial Real Estate Loans||✓|
|Business Line of Credit||x|
|Business Credit Cards||x|
Best Small Business Business Checking Account
Want to know which bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top six options.