Multifunctional coatings based on Sn-Ni materials with and without titanium oxide nanoparticles (TiO2NPs) incorporation were prepared using the electrochemical deposition technique at 70 °C. TiO2NPs were dispersed in the electrolyte bath, and their influence on the surface texture, crystalline phase, and properties was investigated. Various techniques such as X-ray diffraction (XRD), scanning electron microscopy (SEM), and energy dispersive X-ray microanalysis (EDX) were used to characterize the prepared coatings. The formation mechanism of the deposited coatings has been demonstrated to be consistent with the electrochemical behavior of instantaneous growth, and the three-dimensional growth is controlled by diffusion phenomena. The anticorrosion effectiveness of the coatings was assessed using potentiodynamic polarization curves and electrochemical impedance spectroscopy in an artificial sweat medium, while the bactericidal activity of the composite coatings (the ability to induce cell death) was evaluated in accordance with the ISO 27447:2019 test. The influence of TiO2NPs at a low concentration of 1 g/L on the composition, structure, and properties of the deposited coatings was demonstrated. Particular attention was paid to the relationship between the anticorrosive and bactericidal properties of the coatings and their structure composition and wetting properties. The synergistic effect of chemical composition and surface-wetting properties has been demonstrated to enhance the anticorrosive and bactericidal properties of the prepared coatings.