Intro – Top Rated Bank
State Bank & Trust Company was recently ranked and reviewed by AdvisoryHQ as a top rated bank.
Firms on our top rated lists were selected after they successfully passed AdvisoryHQ's ground-breaking four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of our methodology process and selection process: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
Below we have provided a detailed review of State Bank & Trust Company, including the specific factors we used in our decision-making process.
State Bank & Trust Company Review
State Bank & Trust Company is a convenient banking institution that is one of the top banking firms, a go-to banks, and located throughout the state. State Bank & Trust Company understands and serves the needs of local residents throughout the central and coastal regions.
State Bank works on cultivating an approach that creates value, that is personal-yet-professional, and that is transparent, committed, and knowledgeable.
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Key Factors That Led Us to Rank This Bank as a Top Rated Banking Firm
Below, please find a detailed list of the key factors that led us to rank State Bank & Trust as a top banking firm.
Personal Checking Accounts (State Bank & Trust Company Review)
State Bank & Trust features an array of distinctive personal checking account options, many with low fees or no fees at all.
These checking account options include:
- Personal eChecking for people who only bank online
- Basic Checking, which is ideal for individuals who do a combination of online banking and check writing
- Premium Select Checking allows people to earn interest on their checking account
- 50+ Free Interest Checking is designed to be beneficial for account holders aged 50 or older
Bounce Protection Program (State Bank & Trust Company Review)
The Bounce Protection Program aims to help protect account holders should they have insufficient funds in their account to cover a transaction. With Bounce Protection, users will be charged a paid item fee of $35 for each overdrawn item, but the items will be paid. This protection is no additional cost unless it’s used.
Overdraft items are approved as long as an account is in good standing, which means there are sufficient deposits made to bring the overdrawn account to a positive end-of-day balance at least once every 30 calendar days.
Other elements of good standing include avoiding excessive overdrafts, and accounts can’t have legal orders, levies, or liens placed against them.
Deposits, Payments, and Transfers (State Bank & Trust Company Review)
State Bank makes it their mission to ensure banking and handling of finances are as straightforward and convenient as possible for account holders, and this includes the processing of deposits, payments, and transfers.
Regarding making deposits, this can be done with a flatbed scanner, an iPhone, or an Android mobile device.
To make payments, users can enroll in free Bill Pay online services, and if you want to move funds from one State Bank account to another, account holders have several options, including doing so by phone or online.
Mobile Apps (State Bank & Trust Company Review)
State Bank offers mobile apps that provide instant access to banking and account information, even on the go.
Features of State Bank mobile apps include:
- State-of-the-art encryption technology
- The ability to rapidly view balances and transactions
- Pay bills online with a mobile device
- Make transfers among State Bank accounts
- Create customized transaction alerts sent by text
- Transfer between accounts located at other banks
- Find branches and ATM locations
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