Business Details
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Welcome to First Horizon Bank - located in Palm Beach. Since 1864, we’ve been a bank you can count on. Our financial foundation is so steady you can build a house on it. Mortgage loan included. Our commitment to you has won some pretty big awards. Like Forbes World’s Best Banks. Stop by today and tap into local decision-makers who actually get where you’re coming from. And a go-to banker who is always just a call away.
Details
- Requires appointmentNot available
- Onsite servicesAvailable
- Free parking lotAvailable
- Free street parkingAvailable
Location
First Horizon Bank - Palm Beach, FL - Royal Palm Way
180 Royal Palm Way, Palm Beach, FL
33480, United States
Hours
Reviews
3.3
7 reviews
5 stars
4
4 stars0
3 stars0
2 stars0
1 star
3
- JMJames MeyerAug 1, 20251.0Horrible support
- RMRichmond MinimoJul 30, 20241.0The teller is so unfriendly. Young lady, If you are not happy, stay home!! No good afternoon, No thank you. She just throws the deposit slip on that cold granite countertop without a word. This is not the hood you would expect more refinement and class when in Palm Beach.
- EWEd WeatherlyMar 12, 20215.0I went into the bank looking for information on a new account. The interior of the bank is beautiful. I was greeted immediately and the personnel was very professional and efficient. I would not have any problems telling others to put their money with this bank. Thank you for your experience.
- CSCarl SilvermanDec 7, 20195.0Even if you aren't a Palm Beach Billionaire, they treat you like one here. This branch definitely has the classiest bank interior I've ever seen. And there's easy parking at the rear of the building. I opened up a couple of accounts, using a bonus promotion, and they handled the process so well, warning me that it would take some time (I was on a midday break from work), but it really didn't take any more time than at other banks. Kudos to Alexis, Cheryl, and the teller (whose name I regrettably don't remember)!
- JUJulio urietaSep 20, 20195.0I'm very pleased with the excellent service and how they were able to cash my check easily. I can say that I would be opening an account here.
Frequently Asked Questions About First Horizon Bank - Palm Beach, FL - Royal Palm Way
What do I need to open a personal checking account?
$50 minimum opening deposit
Social Security number
Date of birth
Personal identification such as a driver’s license, passport, state or government-issued ID
Can I open a personal checking account online?
Yes. Alternatively, you can visit one of our banking centers to apply in person.
Is there a limit on the number of transactions I can make with a personal checking account?
No, there is no limit on the number of transactions.
What are the first steps in the home buying process?
The first steps include assessing your financial situation, getting pre-qualified for a mortgage, and determining your budget. It's also important to start researching neighborhoods and listing your home preferences. First Horizon's mortgage specialists can guide you through these initial steps.
How long does it take to buy a home?
The home buying process typically takes between 30 to 60 days from making an offer to closing. This timeline can vary based on factors such as market conditions, the efficiency of your lender, and the specifics of the transaction.
What is mortgage prequalification and why is it important?
Mortgage prequalification involves a lender reviewing your financial information to determine your loan eligibility and providing a prequalified letter. This letter strengthens your offer on a home by showing sellers you are a serious and qualified buyer.
What types of mortgage loans are available through First Horizon?
First Horizon offers a variety of mortgage loans, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and jumbo loans. Each type has different benefits to suit diverse financial needs.
Can First Horizon help with financing for first-time homebuyers?
Yes, First Horizon offers several programs designed to assist first-time homebuyers, including FHA loans and other options with lower down payment requirements. Our mortgage specialists can help you explore these programs and find the best fit for your needs.
How do I know if mortgage loan refinancing is right for me?
Refinancing may be beneficial if current interest rates are lower than your existing rate, if you want to switch from an adjustable-rate mortgage to a fixed-rate mortgage, or if you need to tap into your home’s equity. Our mortgage specialists can help you evaluate your situation.
What types of small business loans do you offer?
There are many different types of small business loans available, including small business term loans, lines of credit and real estate loans. Talk to a banker today to review your options.
What are the qualifications for a small business loan?
The loan requirements for a small business loan will vary, depending on the loan type and other factors. Here are some things to consider when applying:
Business Plan: Craft a thorough business plan outlining your goals, market analysis, financial projections, and how the loan will be utilized. A well-prepared plan demonstrates your business's viability.
Loan Purpose: Clearly articulate the purpose of the loan and how it will benefit your business. Whether it's for expansion, equipment purchase, working capital or other needs, provide specific details to support your application.
Collateral: Some loans require collateral. If your loan requires collateral, be prepared to offer assets such as real estate, equipment or inventory.
Credit History: Your personal and business credit scores play a significant role. Aim for good scores to enhance your eligibility.
Cash Flow: Lenders assess your business's cash flow to determine your ability to repay the loan. Positive cash flow and consistent revenue are essential indicators of financial stability.
Industry Experience: Your industry expertise and a track record of success can help strengthen your application.
Debt-to-Income Ratio: Lenders evaluate your debt-to-income ratio to gauge your ability to manage additional debt payments. Maintaining a healthy ratio improves your chances of loan approval.
Legal Compliance: Ensure your business complies with all legal and regulatory requirements, including licenses, permits and registrations.
Relationship with Lender: Building a positive relationship with your lender can be advantageous. Regular communication and responsible financial management can help expedite the process.
How long does it take to get a small business loan?
As soon as you recognize the need for funds and can gather the necessary documentation, contact your banker to get the process started. The length of the loan application process is dependent on the complexity of the loan.
What are the operating hours for the drive-through at First Horizon Bank - Palm Beach?
The drive-through is open Monday to Friday from 9:00 AM to 4:00 PM and closed on weekends.
What is required to open a personal checking account at First Horizon Bank?
You need a $50 minimum opening deposit, Social Security number, date of birth, and a personal ID such as a driver's license or passport.
Can I open a personal checking account online with First Horizon Bank?
Yes, you can open a personal checking account online or visit one of the banking centers to apply in person.
What types of mortgage loans does First Horizon Bank offer?
First Horizon offers fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans to suit diverse financial needs.
Does First Horizon Bank assist first-time homebuyers?
Yes, the bank provides programs including FHA loans with lower down payment requirements, and mortgage specialists to guide you.
What small business loan options are available at First Horizon Bank?
Options include small business term loans, lines of credit, and real estate loans. You can talk to a banker to review your options.
How long does the home buying process typically take with First Horizon Bank?
The process usually takes between 30 to 60 days from offer to closing, subject to market and lender factors.
Are there parking options available at First Horizon Bank - Palm Beach?
Yes, free onsite parking is available including parking garages, lots, and street parking.
What nearby real estate agents are close to First Horizon Bank - Palm Beach?
Nearby real estate agents include Sam Elias The Agency and Alexa McDonald & Tonya McDonald - The Agency Palm Beach, which can assist if you are exploring property options.
What local dining options can customers visit near First Horizon Bank?
You can enjoy nearby dining at La Goulue Palm Beach, Blue Provence bakery, and Chez L’épicier restaurant, ideal for a meal before or after your banking visit.
How can customers use nearby transportation or services to reach First Horizon Bank?
First Horizon Bank is conveniently located near several banks and service providers including IBERIABANK and Sabadell Bank & Trust, offering options for your financial needs and easy transit orientation in Palm Beach.