There are more than 300 retail banks in Florida, so businesses have lots of options for retail banking in Florida. Florida retail banking services is one of the top sectors in the state, so businesses can select from a diverse pool of Florida retail banks, including several dozen local Florida consumer banks, which offer the same products and services as nationally-based banking companies.
A typical Florida retail bank offers businesses standard business programs for checking, night deposits, lines of credit and loans. Retail banks in Florida provide payroll services, retirement plans, merchant services, corporate credit cards and wealth management. In addition, many Florida retail banks have online services, wire transfers and courier services that make it easier for a company to transact business in real time.
When reviewing Florida consumer banks, consider the following:
1. Compare and contrast the services provided by three or more Florida retail banks;
2. Pick a FL retail bank that is willing to offer you competitive interest rates on commercial loans or lines of credit if you are an existing customer; and
3. Focus your search to the Florida consumer banks incorporated in the state, as those offer the best Florida retail banking services.
Action Steps
The best contacts and resources to help you get it done
Review what Florida consumer banks have to offer
Florida retail banking companies that offer online banking services, such as accounts payable and receivable functions, will attract more businesses than Florida retail banks that only offer limited services on the Internet.
I recommend: BAC Florida Bank and
City National Bank of Florida offer online banking services with different business solutions for small businesses and large corporations, customized to fit their needs.
Win rewards with retail banks in Florida
Retail banking in Florida is so competitive that more and more Florida consumer banks are offering customers rewards on transactions that are made with their checking and savings accounts. Some Florida retail banking services allow you to earn monetary credits.
I recommend: Florida retail bank
BankAtlantic has a selection of business credit and debit cards that allows customers to earn points for each dollar they spend.
Go with the FL retail bank focused on special service
A small company wants Florida retail banking that enhances profitability and convenience. Most retail banks in Florida offer such options as online banking and bill pay, small business loans and other offerings such as overdraft protection and money market savings accounts.
I recommend: Total Bank is a Florida retail bank with a strong, established history that offers small business the tools that they need to protect their monetary assets and grow their clientele.
Tips & Tactics
Helpful advice for making the most of this Guide
- Avoid using more than one Florida retail bank for multiple business accounts. You will get a higher level of service and avoid unnecessary holds on your funds by using a single bank for your banking services.
The official source of Retail Banks in Florida is
the Retail Banks in Florida page at Business.com
Featured Vendors
Florida RetailSearch thousands of Commercial Real Estate Listings nationwide, including retail properties, or list property for sale. Search now!
www.LoopNet.com
Related Resources from Business.com
Comments
Is any content on this page inappropriate? To let us know, please 
