subject: Why Physicians Choose To Bank With The Jacksonville Bank [print this page] We specialize in meeting the demanding needs of the medical profession and youll understand what a difference individual attention makes when you talk with us.
Services for Your Practice
Customized Financing. We offer a variety of solutions for startups, spin-offs, expansion or income producing properties. We also provide you with construction loans, equipment loans and leases and lines of credit tailored to meet your specific needs. And, all of our decisions are made locally by bankers who have experience meeting the financial requirements of the medical profession.
Online Banking. Facilitate the management of your cash with JaxBusiness Online and Online Bill Pay. View real-time transaction data and make important financial transactions such as funds transfers, and ACH origination while saving time by paying bills online.
Cash Management. Streamline your firms operating effeciency with enhanced funds availability and Sweep Acccounts. Save time with LockBox. Well accept and process payments for you. And with our new remote deposit capture, your staff can make deposits from the convenience of your office.
1031 Tax Free Exchange. The Jacksonville Bank will act as your Qualified Intermediary and facilitate the exchange process for you. The Internal Revenue Code Section 1031 allows you, through the use of a Qualified Intermediary, to defer capital gains taxes on the sale of relinquished properties if the proceeds are reinvested in similar, like-kind replacement properties.
To qualify for tax deferral, strict adherence to the provisions of Section 1031 is imperative. It is critical that you receive guidance from your professional tax advisor and use a Qualified Intermediary. The Qualified Intermediary must be an independent third party who is neither a family member nor an agent of the owner, including the owners attorney, accountant, broker or employee within the last two years.
Services for Physicians
Personal Account Package. With your Jacksonville Bank checking account you'll enjoy free JaxBank Online and Bill pay, overdraft protection and free first order of personalized checks. Along with free ATM transactions at any Jacksonville Bank ATM and at Publix Presto! ATMs, well increase your daily CheckCard limits to $2,500 and your daily ATM withdrawal limit to $1,500.
Professional Lending Services. Take advantage of the equity in your home with a customized home line of credit. Well even waive your application fee on a residential mortgage loan.
by: Nathan Tucei
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