To kick off 2018, Sanibel Captiva Community Bank celebrates 15 years of business in Lee County, marked by strong growth and an unwavering commitment to the community it serves.
To commemorate the anniversary, 15 lucky patrons who visit any of the bank’s ATMs during the week of Jan. 22 will receive a special surprise – a $30 windfall. Each ATM will issue 15 $50 bills in place of $20 bills. In addition, each bank branch will hold a celebration Monday, Jan. 22, with cake and refreshments.
“We want to share this anniversary with our employees and our customers,” said Craig Albert, Sanibel Captiva Community Bank president and chief executive officer. “It’s with their support that we celebrate 15 years with great success and many milestones.”
Since chartering on Sanibel in 2003 as a locally owned and operated community bank, SanCap Bank has grown from its original branch to offer an additional Sanibel location and five branches conveniently located throughout Lee County – with four of those locations added in the past two years. Most recently, SanCap Bank brought community banking back to downtown Fort Myers with the opening of its branch in the historic Edison Theatre building on Hendry Street.
Specializing in residential loans, the bank’s number of home loans has steadily increased since 2011, with a 152 percent increase in loan volume. Last year, the bank approved 470 home loans with a loan volume of $136,891,000.
“As a community bank, our success is tied to the success of the area. It’s not just about a bottom line – it’s about our commitment and investment in Lee County,” said Albert. “We know that growth and success in the community will benefit everyone.”
SanCap Bank supports more than 90 not-for-profit, educational and cultural causes – from the American Business Women’s Association’s Sanibel Chapter, to the Zonta Foundation of Southwest Florida – through a combination of philanthropic donations, pro bono work and volunteerism. Every member of the bank’s board of directors is involved in civic groups and charitable agencies, and 65 percent of their employees are nonprofit volunteers.
Albert said employees are considered one of the bank’s greatest assets, with a 91 percent increase in staff complementing the bank’s growth. Staff enjoy flexible work schedules, generous health coverage and retirement contributions. The bank’s investment in employees has paid off: they enjoy a low staff turnover of just 1.7 percent.
“Our employees learn that when they become a member of our team, they are becoming part of our family,” he added.
SanCap Bank’s impact in the community has been lauded. It received the 2017 Horizon Council Business Citizenship Award from the Lee County Economic Development Office, and the bank was honored as a 2016 News-Press Business of the Year finalist.
Its accolades also extend beyond the region. Sanibel Captiva Community Bank is nationally ranked in the top 20 as a best-performing community bank by S&P Global Market Intelligence out of more than 4,500 banks with assets under $1 billion. It is well-capitalized, with $403 million in assets, and generates the highest return on equity of all Florida banks in excess of $155 million in total assets.
Sanibel Captiva Community Bank’s professionals provide customized individual and business banking services and specialize in residential loans. The bank offers free personal and business checking, deposit accounts with competitive interest rates, safe deposit boxes, and a full array of online banking products and services, including electronic statements, mobile banking apps, CardValet, online bill pay, Positive Pay and ACH Manager. To learn more, visit www.SanCapBank.com.