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.
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 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.
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.
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 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 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 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 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 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