Problem solvers

When Neil McCurry Jr. became president and CEO of Sabal Palm Bank in early 2013, he quickly realized that a relatively small number of bad loans were high maintenance.

The community bank's lenders were spending half their time managing bad loans when they could've been out making new loans, McCurry says.

Today, Sabal Palm has zero bad loans and the bank's loan portfolio grew 21% for the year ending Sept. 30. “It doesn't happen overnight,” says McCurry. “We've been working on it nonstop since the beginning of last year.”