Intro – Top Rated Bank in Florida
AdvisoryHQ recently reviewed the top banks in Florida. Each bank was individually researched based on general concepts of quality and value.
Various criteria were considered during the research process, some of which include fees, convenience, branches, online banking, education materials, and the selection of available services.
BankUnited is one of the largest independent depository institutions that is headquartered in Florida. This Florida-based bank has over $33 billion in total assets as of 9/30/19 and provides a wide array of banking services for individuals and businesses.
BankUnited | Top Florida Banks 2020-2021
Founded in 2009, this top Florida bank has since then grown to operate approximately 85 branches in two states, Florida and New York. BankUnited’s focus is to provide straight forward banking services with a personal touch.
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Key Factors That Allowed BankUnited to Rank as One of the Top Banks in Florida
International Business Banking Services
Thanks to the internet making the world smaller, more businesses are able to buy and sell internationally. BankUnited makes it easier for companies to do business in foreign markets by offering international relationship bankers to act as a guide for clients.
From helping clients review trade documents to giving them funding strategies that will reduce risk, this best Florida bank is fully experienced in international transactions and banking beyond U.S. borders.
Some of the services included in their international banking division include:
- Import and Export Letters of Credit
- Clean and Documentary Collections
- Steamship Guarantees
- Foreign Cash Letters
- Bankers Acceptances
- International Wires
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As one of the best banks in Miami, as well as all of Florida and in New York, BankUnited offers clients in-depth online banking services designed to be convenient and completely secure and allow people to manage their money while on the go.
Online banking services available from BankUnited include the following:
- The ability to transfer money between both BankUnited and non-BankUnited accounts
- Bill pay and eBills through your online banking account
- View account statements and loan payment history
- Deposit checks using your smartphone
- View all accounts and financial information in one location using FinanceWorks™
- Set up customized alerts
- Person-to-Person Transfer service allows customers of BankUnited to pay friends, family members, or anyone using online banking
- Reorder checks
- Place stop payments
Vertical Rewards Checking
BankUnited has several checking account products for customers to choose from, and one of those is their Vertical Rewards account. This checking account is designed to help customers move in the right direction regarding their finances and goals.
It includes a full slate of checking benefits, as well as the ability to qualify to earn monthly interest rewards of up to 1.90% APY.
Qualifying transactions for interest rewards include:
- Additional direct deposits via ACH
- Automatic debits via ACH
- Point of sale transactions via a BankUnited VISA® debit card
- Check posting to and clearing from your account
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For those consumers looking for uncomplicated banking and comprehensive account options, BankUnited will provide a refreshing Florida bank experience. Their website isn’t overly wordy and makes finding what you need simple.
With interest checking options, a personalized experience, and robust business services, BankUnited earns a 5-star rating as one of the best banks in Florida to consider working with in 2020-2021.
To browse exclusive reviews of all Top-Rated Banks in Florida, please click on any of the links below:
- BBVA USA
- Branch Banking & Trust Company (BB&T)
- Centennial Bank
- Fifth Third Bank
- First Horizon Bank
- PNC Bank
- Regions Bank
- SunTrust Bank
- Synovus Bank
- TD Bank
- Valley National Bank
- Wells Fargo Bank
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