HOA Banking Services & Loan Options - Sunwest Bank
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HOA & Property Management

Banking Services & Financing Options for HOAs and Community Associations

A big part of Sunwest Bank’s success in the Homeowners and Community Association Services industry has been mastering the basics. Association banking is in our DNA. We have been working with community management companies, community managers, and community boards to understand and provide for their needs for more than four decades. Throughout that time, we have consistently improved and evolved to meet the needs and challenges HOAs and Community Associations face. We continue to be at the forefront of embracing new technology to support the growth of the HOA Industry. Our consultation approach proves to be the best solution for providing excellent service to management companies and the communities they serve.

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HOA Deposit Solutions

HOA Loan Services

Cash Management Solutions for HOAs

Interest Checking Accounts

Money Market Account

Certificate of Deposits

ICS (Insured Cash Sweep)

IntraFi Network for Expanding FDIC Insurance

Industry Designed Association Signature Card

Highly Experienced HOA Industry Relationship Managers

Software Integration

Flexible terms up to 20-years

Non-Revolving Construction Line of Credit

Electronic Document Signing

Insurance Premium Financing

Fixed Interest Rate

Loan Re-amortized at no charge

Consultative approach to HOA Lending

Capital Improvement Projects

Owned and Operated Lockbox Service

Remote Deposit Capture

Electronic Statements

Automated Clearing House (ACH)

Online Bill Pay

Risk Management with Positive Pay

Sunwest Bank Technology Integrations

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CINC Systems Logo
eUnify Logo
Village Management Software
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Enumerate

Homeowners Association Deposits

Sunwest Bank is a committed financial leader to the Community Association and Property Management business. With over 50 years of HOA experience, our robust suite of HOA deposit solutions, lending solutions, technology offerings, and cash management solutions speak to the commitment we have made to this industry.

Understanding operational efficiency is key. Sunwest Bank’s HOA Division was specifically designed to meet the unique requirements of HOA management companies, homeowner associations, and the members that they serve.

At Sunwest Bank, we are a fiscally responsible and financially disciplined bank. We maintain a Fortress Balance Sheet and keep nearly double the capital reserves of most other banks, including the largest banks in the United States.

Homeowners Association Loan

Sunwest Bank takes a consultative approach to HOA Lending finance. Our HOA Lending program is a nationwide program led by industry professionals who understand the comprehensive financing needs of community associations. Funding capital improvements, insurance premiums, unforeseen repairs, are just a few of the wide-ranging lending solutions we offer.

Our Homeowners Association Banking Experts

John Wise

JOHN WISE

Senior Vice President
Director, Business Banking &
Treasury Management

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Elaine Jung

ELAINE JUNG

Associate Vice President
HOA Onboarding Specialist

Elaine Email QR

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Amber Welch

AMBER WELCH

Vice President
HOA Relationship Manager
West Coast

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Karla Centeno

KARLA CENTENO

Vice President
HOA Relationship Manager
East Coast

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Cathy Darlington

CATHY DARLINGTON

Associate Vice President
HOA Implementation Specialist

Cathy Darlington Email QR

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Featured HOA Deals

Sunwest Bank

Sunwest Bank is pleased to announce its financing of the following HOA loan

Restoration Project

$10,000,000

Loan Term: 18 Year

Park City, UT

Sunwest Bank

Sunwest Bank is pleased to announce its financing of the following HOA loan

Condominium Improvement Project

$9,100,000

Loan Term: 20 Year

Park City, UT

Sunwest Bank

Sunwest Bank is pleased to announce its financing of the following HOA loan

Deferred Maintenance Loan

$700,000

Loan Term: 15 Year

West Hollywood, CA

Sunwest Bank

Sunwest Bank is pleased to announce its financing of the following HOA loan

Community Wide Re-pipe Project

$600,000

Loan Term: 10 Year

Lake Forest, CA

Sunwest Bank

Sunwest Bank is pleased to announce its financing of the following HOA loan

Community Center Purchase

$5,000,000

Loan Term: 10 Year Note 20 Year Amortization

South Jordan, UT

Sunwest Bank

Sunwest Bank is pleased to announce its financing of the following HOA loan

Community Wide Re-pipe Project

$1,650,000

Loan Term: 10 Year

Laguna Niguel, CA

Homeowners Association Frequently Asked Questions

What should an HOA consider when using a bank?

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Can HOAs use their bank's online banking platform for accounting and bookkeeping?

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What is the FDIC limit for HOAs?

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What types of accounts do HOAs typically need?

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How do HOAs handle large-scale capital improvement projects and financing?

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