Ocean Bank in Miami, FL

Ocean Bank was founded in 1982 and has grown to become the largest independent, state-chartered commercial bank headquartered in Florida, based on FDIC deposits as of December 31, 2025. 4 billion, with a 5-Star BauerFinancial rating. S.

Government, providing deposit protection for customers. Ocean Bank offers a comprehensive suite of financial services across personal, business, and international banking segments. 50% APY on 6-month CDs advertised), personal loans, and contactless credit cards.

Business customers can access business checking, commercial real estate lending, commercial loans through Ocean Financing®, accounts payable and receivable solutions, ocean factoring services, and floor plan management. The bank also serves international customers with specialized credit cards and banking services, and operates online and mobile banking platforms available 24/7. Ocean Bank distinguishes itself as an independent Florida-based institution with deep roots in the state's business and community landscape.

Unlike national mega-banks, their mission emphasizes being the recognized banking leader in strength, efficiency, and profitability serving Florida businesses and individuals specifically. They market themselves with a commitment to the ocean and environmental protection, and emphasize employee satisfaction through benefits and career opportunities. The bank offers specialized services like Ocean Factoring® and dedicated commercial real estate lending divisions not typically found at smaller regional banks.

Ocean Bank is best suited for Florida-based businesses and individuals seeking personalized service from a stable, well-capitalized regional institution. The main caveat is their geographic limitation—with only 24 branches, all in Florida, they lack the national branch network and ATM access of larger banks. Additionally, specific product details like interest rates, fees, and loan terms are not disclosed on the website, requiring customers to contact the bank directly or visit branches for detailed information.