Florida Banking August 2022

THE MAGAZINE OF THE FLORIDA BANKERS ASSOCIATION WWW.FLORIDABANKERS.COM SEPTEMBER 2020 Locality Bank A De Novo Built for the Future THE MAGAZINE OF THE FLORIDA BANKERS ASSOCIATION W.FLORID BANKERS.COM AUGUST 2022

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Editorial & Executive Offices 1001 Thomasville Road, Suite 201 Tallahassee, FL 32303 850-224-2265 www.floridabankers.com Advertising & Production Offices 250 Prairie Center Dr., Ste. 300 Eden Prairie, MN 55344 952-835-2275 www.nfrcom.com For advertising information, contact Greg McCurry Senior VP - Business Development 952-835-2275 Greg@NFRcom.com For reprints or single issues, contact 800-336-1120 Statements of fact and opinion are made on the responsibility of the authors alone and do not imply an opinion or endorsement on the part of the officers or members of FBA. Florida Banking is published 11 times annually with a combined issue in December/January. Subscription price is $50 per year for nonmembers. Postmaster, send address changes to Florida Bankers Association, P.O. Box 1360, Tallahassee, FL 32302. Copyright 2022 Alex Sanchez President and Chief Executive Officer

THE MAGAZINE OF THE FLORIDA BANKERS ASSOCIATION

VOLUME 37

NUMBER 7

AUGUST 2022

ON THE COVER 8 �� �� �� �� �� �� �� �� �� �� � Locality Bank: A De Novo Built for the Future

CONTENTS 4 �� �� �� �� �� �� �� �� � Chair’s Message 6 �� �� �� �� �� �� Straight Talk from the President’s Desk 12 �� �� �� �� Government Relations: 2022 FBA Legislator of the Year 13 �� �� �� �� � Silent Auction Donors 14 �� � FBA's 2022 Annual Meeting 22 �� � BancServ Endorsed Partner: Decommissioning Offices when Downsizing or Closing Workspaces 23 �� �� �� �� �� �� �� �� �� �� �� �� �� FBEF: Going Back to School? Apply for an FBEF Scholarship or Loan 24 �� �� �� �� �� Personal Transactions 27 �� �� �� �� �� �� �� �� �� �� �� �� ��Kudos 30 �� �� �� �� �� �� �� Upcoming Events 31 �� �� �� �� �� �� �� �� Did You Know? 31 �� �� �� �� �� Advertising Directory

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Florida Bankers Association asanchez@floridabankers.com Pamela Ricco Executive Vice President and Chief Operating Officer Florida Bankers Association pricco@floridabankers.com Brooke Harrison Publications Director Florida Bankers Association bharrison@floridabankers.com

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Bill Penney Chair Jose Cueto Chair-Elect

Fab Brumley Immediate Past Chair

Greg Nelson Second Immediate Past Chair

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On the Cover: Drew Saito, Cofounder and Chief Lending Officer (Left), and Keith Costello, Cofounder, President and CEO Photos by Mark Gall, Images for Business, Orlando, Fla.

Florida Bankers Association: The voice of Florida banking since 1888.

Images ©istock.com: focusphotoart; Maxiphoto;

CHAIR’S MESSAGE

DEVELOPING A CYBERSECURITY MINDSET: LESSONS FROMOUR ANNUAL CONFERENCE

BY BILL PENNEY, FBA CHAIR

T he 134th FBA Annual Meeting is in the books! If you had the privilege of joining us in Orlando at the Ritz-Carlton Grande Lakes, I hope your experience was as valuable, educational and fun as mine. Our conference was centered around the increasingly relevant theme of cybersecurity. Scott Augenbaum, retired FBI agent and cybersecurity expert, gave an engaging opening keynote about developing a cybersecurity mindset. According to Cybersecurity Ventures, the cost of global cybercrime damage is $6 trillion a year, and is predicted to increase to $10

password (if applicable), and (b) choosing unique passwords for each (rather than using the same one for multiple accounts). In our session “Thinking Like a Cybercriminal” with Etay Maor, he showed us just how easy it is for cybercriminals to take advantage of those who forget to change the default password on their devices (for example, a home router). Another basic but critical tip? Enable 2-factor authentication to protect your mission critical accounts. The simplest steps could save you from being the next unsuspecting victim of cybercrime.

trillion. Augenbaum reminded us that cybercriminals are going after our customers, who may be easily fooled by the realistic-looking but fraudulent emails or texts warning, “your account has been closed.” These are the four truths that Augenbaum shared about cybersecurity: 1. None of the victims expected to be a victim. 2. Once the damage is done, it’s difficult to get the money back. 3. It’s challenging to bring the criminals to justice.

“THERE ARE BASIC STEPS WE CAN TAKE TO DRAMATICALLY REDUCE OUR RISK; WE WANT TO SPEND MORE TIME ON HYGIENE AND PREVENTION, AND LESS TIME REACTING TO CRISES.”

As always, I’m grateful to the FBA for putting on an excellent event with an impressive group of speakers to both educate and entertain us. I’d also like to congratulate our deserving award-winners and new officers. Other highl ights of the event included our regulator panel, informative breakout sessions, vendor tradeshow, BankPac Silent Auction, and our final gala with brain-teasing entertainment led by The Murder Mystery Co. I had the

opportunity to showcase my acting chops as a“suspect.” Don’t wait for our yearly conference to join us — the FBA offers great events and educational opportunities all throughout the year. We need you to be involved. As The Blues Brothers sing, “Everybody needs somebody… I need you, you, you!” Check your inbox and stay informed; I hope to see you at our next event. Remember — I need YOU to help us fight for OUR industry! Thank you.

4. Most cyber crimes could have been prevented. There are basic steps we can take to dramatically reduce our risk; we want to spend more time on hygiene and prevention, and less time reacting to crises. Cybercriminals need very little to cause lasting damage. If they can get their hands on our usernames and passwords, the doors are open towreak havoc. Remember Augenbaum’s basics for preventing costly cybercrime: Identify your top 5 “mission critical” accounts. Protect these accounts by (a) changing the default

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STRAIGHT TALK FROM THE PRESIDENT’S DESK

BECOME A BANKABLE BUSINESS: LET’S HOST A PANEL IN YOUR COMMUNITY

BY ALEJANDRO “ALEX” SANCHEZ, FBA PRESIDENT AND CHIEF EXECUTIVE OFFICER

R ecently in Tampa, I moderated a panel on how to "Become a Bankable Business." We had close to 100 prospective

I would like to hold these forums in other parts of Florida. We have scheduled another panel for

Broward and Palm Beach counties on October 13 in Fort Lauderdale. I want to thank the Florida SBDC at Florida Atlantic University and the University of West Florida for their assistance in scheduling these town hall meetings.

business owners in the room. It was an excellent forum to get Floridians ready to start and open a business. The emphasis I gave was that they need to rely on a trusted advisor in the community from an "FDIC Bank" to start their business. Christopher Hackney from BayFirst Bank, Thais R. Sullivan from Valley Bank and Rob West from TD Bank did a great job helping Tampa Bay-area prospective business owners in

“ENTREPRENEURS NEED TO RELY ON A TRUSTED ADVISOR IN THEIR COMMUNITY FROM AN FDIC BANK TO START THEIR BUSINESS.”

I would also like to invite different banks to make up the panel of three in each city so that we give many bankers the chance to tell their story. If this is of interest, and you want me to moderate one of these forums in your community, please let me know. Thanks, Alex.

their quest to fulfill the American dream of business ownership. Helping people achieve the American dream of business or home ownership is what FDIC banks do each and every day.

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2022 ANNUAL MEETING TRADESHOW EXHIBITORS Scan the QR code to view the 65 industry-related companies that exhibited at the Annual Meeting tradeshow and helped make it a huge success! The QR code will take you to our Tradeshow Marketplace where you can learn more about each company, its products, and how to get in touch.

SCAN ME

WWW.FLORIDABANKERS.COM AUGUST 2022 — 7

A De Novo Built for the Future Locality Bank

Locality Bank cofounders available for photo: Drew Saito and Keith Costello.

8 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

W hile Locality Bank is not a digital bank, its three cofounders took a “digital first” approach to combine the great technology and user experience of fintechs with the best of community banking — the relationship orientation, local ownership and decision making. The Fort Lauderdale-based de novo chose to move away from the legacy core and start fresh by building a more modern system from the ground up. “We recognized that we had to do this differently than we did at First Green Bank or Broward Bank of Commerce,” said CEO Keith Costello, referencing his former banks. “The main driver of that difference was technology. We asked ourselves, where is banking going to be five years from now? Let’s design our bank to be there in the future. Wayne Gretsky said, ‘skate

Locality Bank’s digital-first approach attracted eager investors; the team initially planned to raise $23 million in capital and surpassed that goal to reach $38 million. “We were inundated with requests from people who wanted to invest, which is unusual. The response from the community has been overwhelming,”Costello said. The Locality Bank team leverages social media to spread the word about the bank. Costello was an early adopter of networking platform LinkedIn; today he has over 30,000 followers. According to Independent Banker magazine, Costello is one of the top social media bankers in the country. Both Saito and LeBlanc are active on LinkedIn and Twitter, as well. “We never have to explain to anyone who we are, because they already know,” Saito said. “We’re posting

where the puck is going,’ and we try to run a business that way.” Costello joined forces with former colleague Drew Saito, now chief lending officer, and Corey LeBlanc, COO/CTO, to start the bank. LeBlanc brought the digital technology expertise, suggest ing cloud-based digital banking platform Nymbus. The platform’s open API architecture gives the bank more flexibility when it comes to integrating fintechs and other systems. “We didn’t want to take

pictures of ourselves with investors, with our clients, with business owners… our content and messaging is very authentic.” In fact, Costello connected wi th LeBlanc through LinkedIn. They hit it off; even so, both Costello and Saito were shocked when LeBlanc left his home state of Louisiana — and the bank he’d worked at for 14 years — to join their startup. Costello credits LeBlanc with crafting the technology port ion of the bank’s

“WE FELT IT WAS VERY IMPORTANT TO START AT THE FOUNDATION, WHICH IS OUR CORE OPERATING SYSTEM AND THE TECHNOLOGY WE’RE SITTING ON.”

- DREW SAITO

an old business model and just redo it. We felt it was very important to start at the foundation, which is our core operating system and the technology we’re sitting on,” Saito said. “At the same time, we’re still rooted in relationship banking; we’re out meeting with clients all day long. We’re a community bank built on a digital-first platform.”

business plan in a way that got the regulators comfortable with their decision to use Nymbus. “The regulators wanted to know if we had the internal expertise to utilize this technology, and whether it would be safe and sound. Corey gave them confidence in his knowledge and background,

Locality Bank is the region’s first community bank to open in 10 years. In 2015, there were 11 community banks headquartered in Broward County, but only three by 2020. “During the height of the pandemic, we saw that many local companies could not get PPP funding. Why not? Because the community banks were the source for those local companies, and they were gone,”Costello said. “The saying goes, ‘If you ask a barber if you need a haircut, he’s going to say yes.’ Drew and I didn’t want to start another bank just because it’s what we thought the community needed. We looked at the data; Broward County has a GDP of $120 billion. This is not a small market.”

Preliminary concept of Locality Bank's new headquarters, expected to open in October.

Intracoastal Bank, Continued on page 10

WWW.FLORIDABANKERS.COM AUGUST 2022 — 9

Dotherow, CEO of Winter Park National Bank, for a better understanding of how the landscape had changed. Dotherow spent an hour with Costello, talking about how he got his bank going, and sharing great ideas. Costello, too, is willing to return the favor for others. “Startups are a lot of work. We’re working harder than we ever have,” Costello said. “Every day is different; every day is a challenge. But there’s not a day that goes by that we don’t have a good time. It’s not a job. We believe in what we’re doing, and that’s the difference.” “OUR ABILITY TO ITERATE AND MAKE CHANGES IS ONE OF THE HUGE ADVANTAGES OF OUR SYSTEM. IT’S A PROCESS, BUT IT’S A WORTHWHILE PROCESS.” - KEITH COSTELLO

Intracoastal Bank, Continued from page 9

and we demonstrated that what we’re doing with this cloud-based infrastructure is safer than traditional on-premise servers,” Costello said. Of course, launching a new bank with new technology is not without its challenges. The bank’s soft launch in January gave employees and the board of directors the opportunity to open accounts and test the technology, identifying and correcting the issues before rolling it out to shareholders. “You come out with a version, and then you come out with another version, but it never ends… that’s how technology works,” Costello said. “Our ability to iterate and make changes is one of the huge advantages of our system. It’s a process, but it’s a worthwhile process, because our systems are going to be superior to anything else that’s out there due to this continual process of iteration and upgrading the technology.” Costello’s advice for fellow de novo s is to talk to the people who have done it. “I’m grateful for the relationships I’ve made with bankers through the FBA. I have this collaborative network I can call to compare notes. Eddy Arriola, Bud Stalnaker, Ginger Martin, David Dotherow… I could go on and on,” Costello said. Though Costello himself had prior de novo experience, he turned to fellow banker David

Locality Bank leadership available for photo (l to r): SVP and Chief Risk Officer Cindy Sheppard, Cofounder, President and CEO Keith Costello, Chief Banking Officer David Eiler, Cofounder and Chief Lending Officer Drew Saito, and EVP and Chief Financial Officer Michelle Gioia.

10 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

KEITH COSTELLO Keith Costello is the president, CEO and cofounder of Locality Bank, a new digital-first community bank, which opened on January 12, 2022. It is the first new bank opened in South Florida since 2009. Costello served as the president and CEO of First GREEN Bank, a community bank headquartered in Orlando, from 2016 until its sale in 2018. He was also president, CEO, and an organizing director of Broward Bank of Commerce, a new bank chartered in Florida on January 12, 2009. He has held senior roles at Bank of Florida, City National Bank and Nations Bank throughout a 30-year banking career spent entirely in South Florida. Costello lives in Fort Lauderdale with his fiancé Denice Hayes. He is a U.S. Army veteran and father of four.

DREW SAITO Drew Saito is cofounder and chief lending officer of Locality Bank. Saito is a Fort Lauderdale native with more than 20 years of experience in commercial banking and financial services. His focus has been in commercial banking, real estate lending and treasury management. Saito has been very active in the community serving on committees and boards for local government, as well as area nonprofits. He is a former adjunct faculty member at the Huizenga School of Business & Entrepreneurship at Nova Southeastern University. Saito attended the graduate school of banking at the University of Wisconsin-Madison, earned his MBA from Nova Southeastern University, and Finance & International Business degrees from Florida State University.

COREY LEBLANC Corey LeBlanc is a catalyst for CX advancement in the banking industry and a steadfast advocate in the mission to transform small business banking. He previously served six years in the U.S. Air Force and 14 years as CTO and Chief Digital & Innovation Officer at Origin Bank. His career has focused on aligning technology and banking services. LeBlanc and his wife, Cassie, and their two children are excited to make Florida home.

WWW.FLORIDABANKERS.COM AUGUST 2022 — 11

GOVERNMENT RELATIONS

2022 FBA LEGISLATOR OF THE YEAR

BY ANTHONY DIMARCO, FBA EXECUTIVE VICE PRESIDENT AND DIRECTOR OF GOVERNMENT AFFAIRS

T he FBA honors Senator Jim Boyd as our 2022 Florida Bankers Association Legislator of the Year! He joins previous winners such as Senator Garrett Richter, Senate President Wilton Simpson, Senators Kathleen Passidomo and Doug Broxson, Speaker Will Weatherford, and Representatives Wyman Duggan, Cyndi Stevenson, and Clay Yarborough as a winner of this prestigious award. Senator Boyd is being honored for his assistance on several FBA priorities, including bills dealing with property insurance, bank regulations, LIBOR, and other important issues. He continues to have an open door and actively seeks out FBA legislative advocates to learn more about our positions on significant issues affecting the banking industry. Finally, he votes to help Florida’s banking industry. The FBA thanks Senator Jim Boyd for his work with the FBA during the 2022 Session and previous Sessions. Meet Our Legislator of the Year Senator Jim Boyd was born in Bradenton, Fla. He graduated with an Associate of Arts degree from Manatee Community College and a Bachelor of Arts degree from Florida State University. He served in the U.S. Marine Corps Reserve from 1993-95 and is also a graduate of the U.S. Marine Corps Officer Candidate School. Senator Boyd is CEO of Boyd Insurance and Investment Services. He also served on the Board of Directors of First America Bank. Senator Boyd was elected to the Palmetto City Council in 1989 and also served as Vice-Mayor and Mayor. He then was elected to the Florida House in 2010, where he has quickly risen up the ranks to be

Jim Boyd

Chair of the House Commerce and Ways & Means Committees. He also served as Deputy Majority Leader and Majority Whip. He was elected to the Florida Senate in 2020 and is Chairman of the Senate Banking & Insurance Committee. Senator Boyd is married to Sandy Boyd and has two adult children and grandchildren. Congratulations to Senator Jim Boyd, our 2022 FBA Legislator of the Year!

12 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

Z 2022 SILENT AUCTION DONORS

A sincere thank you to all of the banks and individuals who contributed to the 2022 BankPac Silent Auction.

THANKS TO YOUR GENEROUS CONTRIBUTIONS, $54,000 WAS RAISED FOR OUR STATE BANKPAC!

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First Horizon Bank Mario Trueba First National Bank Coastal Community Moyle Fritz First National Bank NW Florida Angie Barger First National Bank of Mount Dora Bob White First National Bank of South Miami Veronica Flores First National Bankers Bank Lourdes Mendes Jeff Neale Rob Trott First State Bank of the Florida Keys William Kemp Karen Sharp The Spottswood Family FirstBank Florida Jose Maria Lacasa Florida Bankers Association Pete Brokaw Anthony DiMarco Kenneth & Rachel Pratt Gulfside Bank Dennis Murphy Haberfeld Brett Walburn Interamerican Bank Isis Pacheco Velasco Intercredit Bank, N.A . Simon Cruz International Finance Bank Jose Cueto Jeff & Amie Oody Locality Bank Keith Costello Mainstreet Community Bank of Florida Ben Flowers Marine Bank & Trust Bill Penney Northern Trust Company Alex Adams

Bart Hall Ocean Bank

Ginny Childs American National Bank Ginger Martin Apollo Bank Eddy Arriola BancServ Brian Hickey Bank of America Fab Brumley Bank of Belle Glade Steve Prielozny Beach Bank Chip Reeves BMO Private Bank Amy Hale

Alfonso Macedo One Florida Bank Rick Pullum Pacific National Bank Carlos Fernandez-Guzman Popular Bank Israel Velasco P rofessional Bank Abel Iglesias R.L. Knudsen Photography, Inc. Bob Knudsen Rita Lowman Ritz-Carlton Orlando, Grande Lakes Saltmarsh, Cleaveland & Gund Paul Allen Seacoast Bank Chuck Shaffer ServisFirst Bank Greg Bryant Guillermo Chiang SouthState Bank John Corbett STS Group Chris Nelson Sunstate Bank Lloyd DeVaux Terrabank Antonio Uribe United Southern Bank

Capital City Bank Centennial Bank John Primeau Central Bank John Thompson Citizens Bank & Trust Greg Littleton Citizens First Bank Lindsey Blaise City National Bank Jorge Gonzalez Commerce Bank & Trust Ray Colado Community Bank of the South Bill Taylor Community Bankers Webinar Network Larry Williams Desjardins Bank, N.A. Louis Rheaume Dorsey Consulting Joe & Karen Dorsey Eastern National Bank Lou Ferreira Finemark National Bank & Trust Harlan Parrish First Bank, Clewiston Miller Couse C arey Soud

Connie Frady Greg Nelson US Century Bank

Luis de la Aguilera Wells Fargo Bank, N.A. Derek Jones Winter Park National Bank David Dotherow

Many thanks to our auction sponsor,

And thank you to Seven Hills Auctions & Buddy Lee for the awesome paddles and fine auctioneering services!

First National Bankers Bank

WWW.FLORIDABANKERS.COM AUGUST 2022 — 13

FBA'S 2022 ANNUAL MEETING RITZ-CARLTON GRANDE LAKES, ORLANDO

PHOTOGRAPHS BY DANIESE BETITO, IMAGES FOR BUSINESS, ORLANDO, AND BROOKE HARRISON, PUBLICATIONS DIRECTOR, FBA T he FBA held its 134th Annual Meeting at the Ritz-Carlton Grande Lakes in Orlando on June 5-8. With a focus on cybersecurity, the event featured impressive keynote speakers and panelists who spoke about building a secure future. Attendees enjoyed these informative sessions as well as networking opportunities and entertainment. Outgoing FBA Chair Fabiola Brumley passed the torch to incoming FBA Chair Bill Penney, president and CEO of Marine Bank & Trust. FBA’s new officers and board of directors began their terms and celebrated the service of past officers.

the FBA and Florida’s banking industry. The 2022 award winners were: Lifetime Achievement Award Ginger Martin, President & CEO, American National Bank (Oakland Park) Banker of the Year Greg Littleton, President & CEO, Citizens Bank & Trust (Lake Wales) Chairman’s Award Kelly Caldwell, Jr., President & CEO, Caldwell Trust Company (Venice) Horizon Award Mary Usategui, CFO, Professional Bank (Coral Gables)

In keeping with tradition, the FBA presented awards to a select group of deserving bankers, recognizing their dedication and contributions to

WELCOME RECEPTION

14 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

WELCOME RECEPTION

SILENT AUCTION

WWW.FLORIDABANKERS.COM AUGUST 2022 — 15

SILENT AUCTION

16 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

SILENT AUCTION

GENERAL SESSION, AWARDS AND LUNCHEON

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GENERAL SESSION, AWARDS AND LUNCHEON

18 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

GENERAL SESSION, AWARDS AND LUNCHEON

CLOSING GALA

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CLOSING GALA

20 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

SPECIAL THANK YOU TO OUR SPONSORS DIAMOND LEVEL

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DECOMMISSIONING OFFICES WHEN DOWNSIZING OR CLOSING WORKSPACES

BY MARINA FLETCHER, SR. DESIGN MANAGER, DESIGN STUDIO AT WORKSPACE INTERIORS BY ODP BUSINESS SOLUTIONS™

OFFICE DEPOT IS NOW KNOWN AS ODP BUSINESS SOLUTIONS

F or a facilities or office manager, figuring out what to do with furniture that is no longer needed because a workplace is downsizing or closing can be challenging. Where does the furniture go? What if I want to store some of the furniture for later use? How is the move-out process coordinated with the landlord? What else should I be taking care of before leaving? These questions are timely as many organizations reevaluate their office space needs in response to changing times. The Process of Decommissioning Offices As part of its furniture solutions portfolio, ODP Business Solutions Workspace Interiors offers office decommissioning services to help make it easier for commercial tenants to reconfigure or leave office spaces. We've workedwith various companies over many years to take the stress out of what can be a complicated situation with many moving parts. Here are the top six things many organizations wonder about when they begin the process of decommissioning offices: 1. Considering what happens to the furniture that is no longer needed In general,when an office closes, furniture is repurposed, recycled or disposed of. Repurposed furniture is often donated to a nonprofit organization where it finds a second act.Otherwise, unneeded furniture is deconstructed and delivered to a recycling service and responsibly discarded. It may be necessary to engage an electrician if any of the furniture is hard-wired. 2. Storing furniture that might be needed later Furniture that an organization may want to use in the future can be inventoried, packed up and moved to a storage warehouse. 3. Disposing of electronic equipment Many municipalities or government agencies require special certifications for the disposal or recycling of electronics. It can be helpful to archive this documentation in corporate records.

4. Coordinating with the landlord Working hand-in-handwith the landlord is helpful when moving out or reconfiguring office space to understand when the move needs to take place (daytime or after hours), if there is access to an elevator or dock and expectations for the conditions of the emptied space. It may also be necessary to coordinate certificates of insurance before a move-out can begin. 5. Finalizing the condition of the site In addition to removing furniture and equipment, figuring out how to finalize the condition of the site before handoff can include repairing walls, removing cables and signage and disconnecting electrical. It may also be necessary to remove any debris and vacuum or sweep the floor. 6. Handling office sites in multiple locations If the changes in space leases affect multiple sites, how will the logistics be handled when several parties are involved? It can be helpful to work with vendors that have a national footprint. The Workspace Interiors Approach The team at Workspace Interiors seeks to be a trusted advisor to simplify the process of closing or reconfiguring office spaces and decommissioning furniture by working directly with the property managers and other service providers to do a site survey, create a working timeline and handle the move-out. Are you looking for more information about decommissioning offices and furniture? Workspace Interiors can help, visit www.workspaceinteriorsod.com to get started. As the senior design studio manager, Marina Fletcher manages the national design managers, design resources and the architecture division. In addition, she assists in the development of operational services specific to the national design groups necessary to support the sales initiatives. She is responsible for implementing the established company goals and contributing to the strategic direction of design within the furniture and interiors division, both nationally and internationally.

22 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

FLORIDA BANKERS EDUCATIONAL FOUNDATION

GOING BACK TO SCHOOL? APPLY FOR AN FBEF SCHOLARSHIP OR LOAN

BY LETTY NEWTON, DIRECTOR OF FLORIDA BANKERS EDUCATIONAL FOUNDATION (FBEF)

H ave you or a coworker been thinking about going back to school but wonder how you would pay for it? The cost of returning to school may seem expensive, but it doesn’t have to be with the right resources. Contact the Florida Bankers Educational Foundation (FBEF) to find out more about funding opportunities for bankers. With four application deadlines each year (August 1, November 1, February 1 and May 1), it is never too late to apply. Contact the FBEF office today to see if we can help you. Since 1956 the FBEF Scholarship/Loan Program has offered forgivable loans which are paid in full after the student completes one year of employment with a Florida bank or trust company following graduation. Before applying, students must have already been employed at least part-time by a Florida bank or trust company. Undergraduate and graduate applicants must have been employed for two years prior to application. The FBEF Scholarship/Loan Program offers financial assistance of $4,000 for junior and senior students and $5,000 for graduate students. Students attending one of the FBEF’s participating colleges and universities, majoring in a banking-related field of study, and planning to continue their career in Florida banking are eligible to apply. Since many of the FBEF Scholarship/Loan recipients work full-time, students are only required to take twelve credit hours a calendar year. Any banker who has five years of full-time employment in Florida banking prior to applying for the FBEF Scholarship/Loan is eligible for a grant. Grant recipients are excused from the required one year of full-time employment in Florida banking after graduation. Freshmen and sophomore students who are career bankers are also eligible for an additional $3,000 in funding, increasing the amount of potential funding for undergraduate grant recipients to $7,000.

In addition to providing financial assistance to bankers who wish to return to school to complete their college degree, the FBEF created the FBEF Career Development Program . Bankers who will be attending an approved professional development program, but do not have financial support from their employer, will be able to apply for FBEF tuition assistance. The FBEF Career Development Program offers financial assistance of $500 per year for FBA programs such as the Florida School of Banking and Florida Trust School. FBEF also offers financial assistance of $1,500 per year for programs such as the LSU Graduate School of Banking, Stonier Graduate School of Banking and any ABA/ICBA/FBA endorsed graduate school of banking. Recipients may reapply in the following year to renew funding for the next year of school, if enrolled in a multi-year program. Annual funding limits are set by the FBEF Board. In the event that applications received exceed budgeted funding amounts, recipients will be chosen based on the length of employment in Florida banking. Because the FBEF’s goal is to help as many different students as possible, one funding application per student per program will be accepted each year for the LSU Graduate School of Banking, Stonier Graduate School of Banking and any ABA/ICBA/FBA endorsed graduate school of banking. For more information about how the FBEF might be able to help you, please contact FBEF Director Letty Newton at (850) 701-3522 or lnewton@floridabankers. com. FBEF applications can be found online in the Education section of www.floridabankers.com. For the past 66 years the FBEF has helped bankers around the state advance their careers through education. The FBEF is a 501(c)(3) non-profit organization registered with the Florida Department of Agriculture & Consumer Services, Registration Number CH7621.

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PERSONAL TRANSACTIONS

NEW CEOS AND/OR PRESIDENT BOCA RATON Comerica Inc. announced that Dave Galbreath has been named its

efforts to ensure continued growth within the Florida market for all lines of business. He will report to Texas market president Brian Foley. Galbreath joined Comerica Bank as a commercial banking officer in 1994. In 1996, he left to work at SunTrust Bank as an assistant vice president in Middle Market, but then returned to Comerica in 1997. He earned a Master of Business Administration degree from Florida Atlantic University and a bachelor’s degree from Florida State University with a double major in finance and international business. A U.S. Air Force veteran and Comerica Veterans Leadership Network member, Galbreath served four years as a Korean Cryptologic Linguist.

Florida market president, replacing David Kunik, who has decided to step down so he can focus more directly on managing the market’s retail operations. As the Florida

Galbreath

market president, Galbreath will continue to oversee the National Dealer Services Southeast and Texas loan groups, while expanding his role to include business and community development

PROMOTIONS/NEW HIRES CRESTVIEW

Sanibel Captiva Community Bank promoted Diane Patterson to assistant vice president and office manager of the bank’s Bridge branch. Patterson will manage daily operations and customer relationships, including business

Dana Kane has recently joined Community Bank as assistant vice president. A native of Panama City Beach, Fla., Kane has been in banking for 11 years. In her new role, Kane will build her loan and deposit portfolio while serving as

Patterson

and consumer banking. She previously served as assistant branch manager. She joined the bank in 2016 as a teller and has worked in several roles, including customer service representative and assistant branch manager at the bank’s McGregor branch. Patterson is an active member of the Greater Fort Myers Chamber of Commerce and is a 2021 graduate of its Leadership program. She currently serves in an advisory role to help oversee the 2022 Leadership program. LOUISVILLE, KY. The Officers and Directors of & Acquisitions for YUM! Brands. Her managerial, business and legal background, as well as her deep involvement in community initiatives will add to Republic’s already strong boards. Prior to her current role, Green served as YUM! Brands’ director of transformation and chief of staff from 2020 to 2021 and director, corporate counsel from 2016 to 2020. Green obtained her Juris Doctorate degree from Columbia Law School and received a Bachelor of Arts in Government & French Language Citation from Harvard University. She is heavily involved in the community and is a member of the City of Louisville’s Civilian Review Green Republic Bancorp, Inc. and Republic Bank & Trust Company announced the appointment of Jennifer N. Green and Timothy S. Huval to both boards. Green is currently vice president of Global Mergers

Kane

branch manager for the Crestview office. Kane is a graduate of Gulf Coast State College with an Associates of Arts degree in Legal Studies and a paralegal certificate. Active in her community, Kane is the treasurer of the Kiwanis Club of Defuniak Springs, head cheerleading coach with Pop Warner Hub City Youth Sports, as well as a member of the Crestview Chamber of Commerce. FORT MYERS Sanibel Captiva Community Bank has promoted Kyle Harvel to and maintenance of the bank’s computer and communication systems, which includes providing technology-related support for employees bank wide. Harvel joined the bank in 2014 and has served as the bank’s lead computer technician. Prior to joining Sanibel Captiva Community Bank, Harvel interned at Mercedes-Benz and Parker Hannifin in the mechanical engineering departments. He earned his bachelor’s degree in mechanical engineering and computer science from Tennessee Technical University and is also a Microsoft and CompTia certified professional. Harvel assistant vice president and system administrator in the bank’s information technology department. His primary responsibility is to manage the implementation, operation

24 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

PERSONAL TRANSACTIONS

& Accountability Board and Greater Louisville Inc.’s Business Council to End Racism. Huval is chief administrative officer

of trust and estate administration. She serves on the boards of the Sarasota Orchestra and the Forty Carrots Family Center. Joel Johnson is a principal in the

for Humana Inc. Huval’s human resources, information systems and operations experience in the technology and banking industries will further expand the Republic Boards’ collective expertise. Before

Sabal Trust Sarasota office and serves as a portfolio manager. He holds the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), Certified Financial Planner (CFP),

Huval

Johnson

assuming his current role, Huval served as chief human resources officer at Humana Inc., since 2013. Prior to joining Humana Inc., he held a number of positions at Bank of America, including human resources executive, chief information officer, and head of operations for various lines of business from 2002 to 2013. Huval received an associate’s degree from Salt Lake City Community College, a Bachelor of Arts degree from Weber State University, and a Master’s in Public Administration degree from Brigham Young University. He currently serves on the advisory board for MyCareGorithm, LLC and was a member of the Seacoast Banking Corporation Board of Directors from 2016 to 2019 . SARASOTA

and Certified Private Wealth Advisor (CPWA) designations. Johnson is involved in various community organizations including CFA Society Tampa Bay, Greater Sarasota Chamber of Commerce’s Young Professionals Club, Sarasota Tiger Bay Club and Friends of the Bay Park. STUART

Seacoast Banking Corporation of Florida announced that it has hired Michael Young , an experienced financial services professional, former investment banker, and equity researcher as treasurer and director of investor relations. Young has 12

Young

years of experience covering the financial sector including super regional, regional, and community banks with additional experience covering FinTech, asset management, and consumer finance companies, most recently as a director in the Equity Research Department at Truist Securities. During his tenure at Truist, he was recognized as a Rising Star in Regional and Community Banks Equity Research coverage by Institutional Investor in 2018. He began his career in investment banking at SunTrust covering financial institutions. As a Leonard Leadership Scholar at the University of Georgia, Young earned a Bachelor of Science degree in both Banking and Finance and Risk Management and Insurance. TALLAHASSEE Tallahassee National Bank has

Sabal Trust has promoted Susan Hines to managing principal of its Sarasota office. Hines brings more than 30 years of trust experience and has served the company since 2017. Her history of community involvement has allowed her to

Hines

further develop Sabal Trust’s relationship with the greater Sarasota region. She is a licensed attorney in Florida, a member of the Florida and Sarasota County Bar Associations, and President of the Southwest Florida Estate Planning Council. Hines is passionate about financial literacy and youth development and has committed her time in the community as a Board Member of the Boys and Girls Clubs of Sarasota County, The Gulf Coast Community Foundation, the William G. and Marie Selby Foundation and the Jerome and Mildred Paddock Foundation. Tammie Sandoval-Badger j oins

named Amber Beverly as branch manager. Beverly joined the bank in September of 2020 and has been a key part of the bank’s growth. Stuart Chandronnet has been named assistant vice president and commercial lender for Tallahassee National Bank. He is a graduate of Flagler College and started his banking career in 2016 with Farmers

the Sabal Trust team in Sarasota as a principal and senior fiduciary officer. She earned her Juris Doctoral degree, holds the designation of Certified Trust and Fiduciary Advisor (CTFA), and is an active member of

Beverly

Hines

the Florida and Sarasota County Bar Associations. Sandoval-Badger provides customized wealth management strategies for high-net-worth individuals and families, specializing in the areas

Chandronnet

Personal Transactions, Continued on page 26

WWW.FLORIDABANKERS.COM AUGUST 2022 — 25

PERSONAL TRANSACTIONS

& Merchants Bank as a credit analyst. Chandronnet joined Tallahassee National Bank in December of 2019 and currently serves on the Board of Directors for the North Florida Fellowship of Christian Athletes and the Sunrise Rotary Club. He is in his second year at the Florida School of Banking.

The Tampa Bay Trust Company announced the addition of Tiffany Sikes O’Neal, CFP as senior vice president, client advocate on the Tampa team. As client advocate, O’Neal will be responsible for serving as the key point of contact

O'Neal

Nicole Granger has been named vice president, director of retail and private banking for Tallahassee National Bank. Granger is a graduate of the University of West Florida and has enjoyed an outstanding career in banking, having worked 12 years

for clients and coordinating between investment management, trust administration and client service team members on the client’s behalf. She will also communicate with the advisors on the client’s external team. O’Neal joined The Trust Company from Creative Planning, Inc., Tampa, Fla. — an independent wealth management firm where she served as private wealth manager at the national level, working directly with high net worth prospects and clients by building a financial plan and coordinating their personalized team based on the client’s needs. O’Neal obtained a Master’s in Business Administration degree from Tulane University, A.B. Freeman School of Business, New Orleans, and a Bachelor of Arts degree in Sociology from University of Florida, Gainesville; she is a Certified Financial Planner professional.

Granger

with Farmers & Merchants Bank before leaving to help organize and start Tallahassee National Bank in November of 2019. She has served on the Board of Directors for the Pace Center for Girls, is a graduate of the Florida School of Banking, and has attended the FBA’s Women in Leadership Conference. TAMPA The Tampa Bay Trust Company announced Jeremy K. Crider, CFA, CAIA , vice president, portfolio manager as a new member of the Investment

Management team. Crider is

Crider

also an investment analyst and will manage client portfolios by balancing their financial needs against trends of vetted companies chosen for their portfolio. Prior to joining The Trust Company, Crider served as the Investment Analyst Team Lead at Truist Wealth Management (SunTrust Wealth) in Tampa where he managed a team of investment analysts for both Florida and Texas in excess of $8 billion of assets under management. He performed research, analysis, compliance reviews and other functions while implementing strategies for client portfolios. Crider obtained his Bachelor of Arts degree in Economics with a minor in Business Administration from the University of Florida. He holds the Chartered Financial Analyst (CFA) designation and the Chartered Alternative Investment Analyst (CAIA) designation.

ABA ANNUAL CONVENTION

October 2–4, 2022 JW Marriott | Austin, Texas

At this year’s Annual Convention, we’ll tackle banking’s future and address current hot topics at a high level. Get trend forecasts, business solutions, policy insights and more—all in a high-tech city known for breaking the mold.

aba.com/AttendAnnual

26 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

KUDOS

Capital City Bank Introduces Zelle in its CCBMobile App and Online Banking Service

C apital City Bank announced Zelle is live in its CCBMobile App and Capital City Bank Online Banking service. Zelle is available in the digital banking experience to enable convenient digital payments for more than 106,000 consumer clients at Capital City Bank. Zelle replaces SEND Person-to-Person Payments, a digital payments solution Capital City Bank had offered since mid-2019. Capital City clients quickly adopted SEND and sent nearly 37,000 payments totaling $9.5 million in the past three years. Zelle enrollment and usage is expected to grow quickly given current clients’ reliance on SEND and because Zelle consistently ranks in the top 10 search terms on www.ccbg.com, ranking eighth overall for 2021 total search activity. “Zelle is the latest in an ever-expanding line of innovative digital banking and real-time fraud detection tools designed to allow our clients to move money easily and securely via their online or mobile banking M arine Bank has opened a full-service banking center in the Seaway Plaza at 604 N. US Highway 1, Suite 604, in Fort Pierce. Known as the former home of the Padrick Chevrolet dealership in the 1950s, the new banking center is on the southeast corner of US Highway 1 and Seaway Drive. The revitalization of the plaza coincides with many new projects that are planned or already underway in Downtown Fort Pierce. The banking center will be managed by Vice President and Banking Center Manager Melissa Montanez. With more than 20 years of banking experience including 15 years in branch management, Montanez is tasked with introducing Marine Bank’s signature service to an even greater number of businesses and residents of St. Lucie county. Marine Bank has been operating a residential and commercial lending office at 240 NW Peacock Boulevard, Unit 302 in St. Lucie West since July 2021. “We’re excited to fill a void for community banking in the Fort Pierce area,” said Bill Penney,

services,” said Bethany H. Corum, chief operating officer for Capital City Bank. “With Zelle and other recent enhancements, our clients will experience even greater flexibility and safety when managing their money digitally at Capital City Bank.” The Zelle Network includes financial institutions of all sizes. For more than 150 million consumers, Zelle is already available from the convenience of their mobile banking app, making digital payments a fast, safe and easy alternative to cash and checks. Money sent with Zelle goes directly from one bank account in the United States to another, using only a recipient’s email address or U.S. mobile number. Zelle is available to clients with a Capital City Bank personal checking account, who are enrolled in online and mobile banking and who enroll in Zelle. Capital City clients may send, request or receive money with Zelle with no service fees.

Marine Bank Opens Full-Service Banking Center in Fort Pierce

president and CEO of Marine Bank. “We offer banking like you remember. You don’t need an appointment to stop by a banking center to open an a c coun t o r apply for a loan, and our friendly, k n ow l e d g e a b l e t e a m r e t u r n s emails and phone cal l s . We of fer

Melissa Montanez

high-tech conveniences such as mobile banking with mobile check deposit, a mobile mortgage app, and user-friendly online banking. Marine Bank provides the best of both worlds.”

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