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Business Observer Tuesday, Nov. 5, 2019 1 month ago

East coast bank targets region for commercial lending expansion

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Florida-based bank pushing into the growing Southwest Florida market.

STUART — Seacoast Bank is expanding into the Fort Myers and Naples markets by establishing a commercial banking presence, with Errol Howard as senior vice president and regional commercial banking manager.

The more than 90-year old, Stuart-based bank entered the Tampa market in 2017 through the acquisitions of Gulfshore Bank and Northstar Bank. With the addition of Howard, Seacoast is expanding its reach into the growing Southwest Florida market, according to a news release.

Charles Cross Jr., executive vice president and commercial banking executive of Seacoast Bank, pointed to robust economic indicators and expectations of growth as part of the rationale for the bank’s expansion into Southwest Florida, the release says. 

“We see Southwest Florida as a growth market and look forward to introducing its businesses to the speed and expertise that Seacoast as a Florida-based bank can provide,” he says in the release.

Howard joins Seacoast from Wells Fargo where he served as a business banking manager. In his new role, Howard will lead Seacoast’s commercial banking team and provide senior leadership in the market. He reports to Allen Brinkman, market president for Tampa and head of commercial banking for the Tampa market.

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