Banking on experience

Industry veterans plan to raise $100 million to purchase and revive Beach Community Bank. Moving the headquarters to Tampa was the first step in plans to build a multibillion-dollar institution.

Chip Reeves (left) and Carl Chaney are leading the rebuilding of Beach Community Bank. Courtesy Blacksuit FM Photography
Chip Reeves (left) and Carl Chaney are leading the rebuilding of Beach Community Bank. Courtesy Blacksuit FM Photography
  • Finance
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As veterans of the banking industry, Carl Chaney and Chip Reeves know a rare opportunity when they see it. As consultants to the then-failing Florida panhandle-based Beach Community Bank, they recognized all they needed to do was successfully raise $100 million to capitalize on one.

 

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