Personal Banking Questions

The amount needed to fund a personal checking or savings account will vary based on the financial institution and account chosen. Personal checking and savings accounts at Seacoast Bank can be opened with as little as $50 in some cases.

Look for accounts that help you reach your financial goals paired with features that align with how you’ll use the account. For example, it may be beneficial to open a money market account if you’re looking to earn higher interest on balances while still having flexible access for transactions. It’s recommended to also consider minimum balance requirements and ways to avoid potential fees.

In general, look for checking and savings accounts offering:

• FDIC insurance
• Easy access to branches and ATMs
• Features that align with your stage of life
• Online and mobile banking options
• Robust fraud protection and alerts
• Low minimum balance requirements
• Little-to-no monthly maintenance fees

Schedule an appointment with your local Seacoast Banker for additional guidance on choosing the best checking or savings account for you.

A money market account is a simple and flexible way to save for future expenses while still earning a typically higher interest rate than conventional savings accounts. Money market accounts usually offer check-writing and debit card privileges and are covered up to the allowable limits by the FDIC.

An Individual Retirement Account (IRA) Savings Account is an interest-bearing, tax-advantaged retirement savings account that can be opened independently from employer-sponsored savings plans. Discuss your IRA Savings account options with your tax professional.

A Health Savings Account (HSA) is available for individuals with a qualifying high-deductible health plan to set aside pre-tax money for qualified medical expenses. Benefits include:

• No opening deposit required
• No time limit for spending funds
• Contributions and withdrawals are non-taxable when used for a qualified expense
• Opportunity to invest funds tax-free
• Others can contribute to your HSA such as employers and relatives

A certificate of deposit is a savings account that typically offers a higher interest rate on deposits with funds being held for a fixed term. For example, common CD terms can range from 6-months to five years, and account holders are subject to penalty for early withdrawal.

CDs are insured by the FDIC up to allowable limits and are considered low risk because balances are not subject to stock market fluctuations.

Seacoast Bank offers a variety of personal banking accounts designed to meet your financial goals. Schedule an appointment at your nearest branch to learn more.

A debit card is a bank-issued card that deducts money directly from a checking or money market account and can be used at ATMs, online or at a point-of-sale. Debit cards typically offer fraud protection benefits and can be added to a mobile device’s digital wallet for additional security protection and convenience.

Debit card users can typically make fee-free withdrawals, transfers and deposits at their bank or credit unions’ ATMs or through an ATM partner, such as the Allpoint^® ATM network.

The Allpoint^® ATM network includes 55,000+ ATMs worldwide. As a benefit to Seacoast Bank customers, cash withdrawals are fee-free using your Seacoast Bank Visa^® Debit Card. Learn more about the security and convenience of a Seacoast Bank Visa^® Debit Card.

Opening a child savings account can be a great way to instill smart financial habits early and help them save for the future. Many banks and credit unions offer minor savings accounts for children under 18 with a low-to-no minimum balance requirement and free access to online and mobile banking .

Understanding money management and developing smart financial habits before adulthood can help set students up for future success.

Most banks and credit unions offer student checking accounts for ages 14-24 and include features like card controls, which set limits on spending, debit cards and access to online and mobile banking . Parents can monitor their students’ banking activity and receive account alerts.

The same features and functions available with online banking are available within the Seacoast Mobile Banking app. Features include:

• Mobile Deposit
• Card Management
• Setting account and transaction alerts
• Bill Pay
• Financial Tools that automatically categorize spending, and more
• Apple Watch integration

Touch ID, Face ID, customizable alerts and multi-factor authentication ensure your financial information stays safe along with 24/7 fraud protection.

The Seacoast Mobile Banking app is accessed using your mobile service provider’s data plan. Message and data rates may apply. There are no additional fees assessed by Seacoast for downloading the app to your device or using the app. Additionally, you must be enrolled in Seacoast Bank Online Banking in order to use the mobile banking app.

Zelle^® is a fast and easy way to send money to people you trust, regardless of where they bank using your Seacoast Bank Online Banking account or Seacoast Mobile Banking App.

Yes, however you must enroll at each financial institution using a unique email address or U.S. mobile phone number. For example, if enrolled at "bank A" using your U.S. mobile phone number, you could enroll at "bank B" using your email address. Learn more about Zelle^® and enroll today.