Seaside National Bank & Trust was founded in 2006 and is headquartered in Orlando, Florida. It handles $2 billion in assets as well as deposits totaling $1 billion, ranking it as a large bank. Seaside National Bank & Trust lacks premium access to customer service, with no live chat or all-day service options available. It is a traditional brick-and-mortar bank with in-person service, in addition to its online and mobile offerings. Overall, Seaside National Bank & Trust is a respectable bank that deserves your consideration, with a rating of 4.0 stars out of 5 from our team. Seaside National Bank & Trust provides customers with a varied selection of banking products, including savings accounts, checking accounts, money market accounts, CDs, IRAs, brokerage accounts, mortgage products and credit cards. Seaside National Bank & Trust has a fair savings rate; you can find higher rates with other banks. Banks that offer free checking, in addition to a high interest rate savings account are the best option for returning the most income from your deposits while maintaining easy access to your funds.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
Seaside National Bank & Trust has a savings rate of 0.50%, which is poor in comparison to the national average. Seaside National Bank & Trust's one-year CD has a rate of 1.75% and the five-year CD earns at a rate of 2.75%, while its highest-yielding money market account has an APY of 0.70%. Given Seaside National Bank & Trust's noncompetitive savings rate, you should think about opting for higher earning savings accounts with other banks.
How Seaside National Bank & Trust's Savings Rates Compare
There is insufficient data on Seaside National Bank & Trust's fees to provide a full SmartAsset rating.
Seaside National Bank & Trust is a brick-and-mortar bank, with 14 total bank locations in Florida. With mobile and web apps, Seaside National Bank & Trust makes account access easy, even on the go. It does not provide access to all-day customer service with representatives. You can get help during its hours, which are Monday through Friday and 9:00 a.m. to 5:00 p.m. ET. You can access Seaside National Bank & Trust's app to manage your finances by reviewing current statements, sending and receiving funds as well as accessing support representatives. Seaside National Bank & Trust gets an exceptional consumer satisfaction score based on relatively few complaints reported to the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.
Seaside National Bank & Trust is a large bank owning assets totaling $2 billion as well as deposits totaling $1 billion. Seaside National Bank & Trust's Texas Ratio is 3.97%, denoting that Seaside National Bank & Trust is in terrific financial condition and unlikely to fail. Additionally, Seaside National Bank & Trust is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
Texas Ratio Analysis
The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.Back to Overview
Compare Seaside National Bank & Trust to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.5% APY||$2500|
|Checking Account||0.4% APY||$2500|
|Certificates of Deposit|| ||$2500 for all terms|
|Money Market Account||0.6% APY||$10000|
Seaside National Bank & Trust has several deposit products like savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. Seaside National Bank & Trust does not have the best savings rate, which means you should think about taking a look elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Seaside National Bank & Trust's CD rates are fair as compared against the national average.Back to Overview
Find a Seaside National Bank & Trust Near Me
Seaside National Bank & Trust has 14 branches across the U.S.Back to Overview