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FORT MYERS — Longtime Sanibel Captiva Community Bank Chairman Lyman Frank III has announced his retirement from the leadership post.
A retired banker on Sanibel since the mid-1980s, Frank will remain on the board as a director, according to a statement. David Owens, a CPA and president and CEO of Midland IRA Inc. and 1031 Tax Free Strategies LLC, assumed chairmanship on the board. Owens has served on the bank’s board since the institution opened in 2003, the release adds.
“Lyman has been with SanCap Bank since day one and we are truly appreciative of his unwavering service and dedication,” Sanibel Captiva Community Bank President and CEO Craig Albert says in the statement. “We look forward to David’s service as our new bank chairman.”
Founded in 2003, Sanibel Captiva Community Bank has two locations on Sanibel and five additional locations in Fort Myers. It has about $415 million in total assets.
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