Important Articles
 

Business Banking

As your financial needs evolve, so should your banking solutions. Whether you're starting a business or managing your personal finances, understanding the difference between online business banking and online personal banking is essential for compliance, efficiency, and long-term growth. While business and personal accounts serve similar purpose for the account holder, there are many differences that make them powerful tools in their own respect. At Sunwest Bank, we’re here to help you navigate the difference between a business bank account vs personal bank account....

In today's financial landscape, business owners have more options than ever when it comes to their business bank account. From the scale and reach of national banks to fintech startups and the member-owned model of credit unions, each offers its own set of features and conveniences. But one category often stands apart for its personal approach and regional scale: regional banks....

Healthy cash flow is the lifeblood of any business, particularly for small and medium-sized businesses (SMBs). A well-managed cash flow ensures a company can pay its expenses, invest in growth, and navigate economic downturns. However, cash flow management challenges such as delayed payments, unexpected costs, and poor financial planning can quickly destabilize even the most successful businesses. ...

For business owners, choosing between a business savings account and a business money market account can make a significant impact on your bottom line. Whether you’re saving for future investments, maintaining a cash cushion for seasonal slowdowns, or optimizing idle capital, understanding the difference between savings and money market business accounts is essential....

When you open a business, knowing how to choose a business bank account is vital because it is one of your most important financial decisions. A business bank account is more than just a place to store your company’s money—it is the foundation of your financial operations. The right account can help streamline cash flow, reduce costs, and provide the tools needed to scale your business, among many other benefits. Conversely, the wrong account can lead to unnecessary fees, transaction limitations, and inefficiencies that hinder growth. That’s why account opening should be approached strategically rather than as an afterthought....

We are offering PPP loans. Please visit the SBA Paycheck Protection Program page on our bank website for more details and begin the application process. If you are not an existing client (with an existing deposit account), we will need you to choose the “New Customers” option and apply for a new deposit account first and then select the link to complete the loan application....