Sunstate Bank was founded in 1999 as Sofisa Bank of Florida. In 2007, the Bank adopted the new name Sunstate Bank and reinforced its commitment with the communities it serves and with a unique experience, the State of the Art Banking.
Sunstate Bank is a full-service, state-chartered commercial bank, headquartered in Miami-Dade County, FL. The Bank operates 3 branches located at Palmetto Bay (headquarter), Coral Gables and Cutler Bay.
Sunstate Bank offers consumers, businesses and our international customers an array of deposit products, including various checking and savings accounts, certificate of deposit (CDs), Interest on trust accounts (IOTAs), individual retirement accounts (IRAs) and remote deposit capture. Loan products offered to businesses include commercial mortgages, residential mortgages, term and working capital loans, commercial lines of credit (LOC) and letters of credit. Loan products offered to consumers include residential mortgages, home equity loans and consumer installment loans.
Prudence has been the corner stone on which Sunstate's approach to managing its business. The Bank was built on a solid foundation and conservative principles. The Bank's business is conducted in a cautious, transparent way and supported by high levels of capitalization.
Actively participating in our communities, we seek to identify and help meet the financial needs and strengthen the communities where we do business.
By helping people achieve their financial goals, we put our human and financial capital to transform communities into desirable places for people to live, work and raise families.
Sunstate Bank believes in building direct, sincere and long-lasting relationships with our Clients.
Our commitment has proven to be Sunstate's standard of excellence. Sunstate's way of doing business stems from a conscientious policy that harmonizes and prioritizes the commitment of its management and staff to offer a personal and differentiated service to our clients.