Seacoast National Bank is headquartered in Stuart and is the 7th largest bank in the state of Florida. It is also the 174th largest bank in the nation. It was established in 1933 and as of December of 2019, it had grown to 878 employees at 56 locations. Seacoast National Bank has an A health rating.
I banked at Seacoast Bank before I moved from the town I lived in. In the area of the state I lived, the bank only had two branches. I really liked the personal feel of the bank. Because it was a small bank, I didn't feel as if the person was treating me as just a number for their monthly goals. I feel like they valued me more because they were competing with the bigger banks, and they needed my deposits more. I had a savings and checking account with the bank. The checking account was free, but at one point they changed their system and started charging a fee. The only way to get around this, was to open a savings account. Because I liked the bank and the people there, I decided to move my savings account to the bank. The interest rates were competitive as well as the auto loan. I don't believe they offered much in terms of IRAs and investment accounts. They referred that to a private group.
I do not currently bank with Seacoast anymore due to change of location but I do recommend this bank! It is very convenient and their website is user friendly. I have not had many issues while banking with Seacoast. The one issue that stands out the most to me is when ITunes charged me a false fee multiple times. This made my account go negative and thus I was hit with an overdraft fee. I dealt with the best financial manager who helped get the fee waived immediately and my bank account back to good standing. Overall, I give this bank a 10/10 because its been stress-free banking from start to finish.
I have never had a problem with them holding money or any of the nonsense posted here. I love them checks are available before I leave the bank but of course I have the money in the account to cover them. Almost always friendly at the various branches I have been to. Never had a nasty call when I have called in not many times over five years because they do what they are supposed to without me calling them. The loans on the other hand are not competitive for the average beacon no matter how much money you move through their bank. So if you want decent terms you will not be financing anything with them so for loans they very well may suck. I have numerous loans and none with them, I thinks it's kind of funny really. But for checking saving banking need they are awesome and have been for five years. I appreciate them.
|FDIC Certificate #||131|
|Return on Assets - YTD||1.48%|
|Return on Equity - YTD||10.65%|
|Annual Interest Income||$289.8MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$7.11B$6.75B|
|Loans||Q4 2019vs Q4 2018||$5.18B$4.80B|
|Deposits||Q4 2019vs Q4 2018||$5.58B$5.18B|
|Equity Capital||Q4 2019vs Q4 2018||$1.00B$895.3MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$35.2MM$32.4MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$27.1MM$27.0MM|
|Real Estate Owned||Q4 2019vs Q4 2018||$12.4MM$12.8MM|
Sorry, we do not have rate data for Seacoast National Bank.