Former NFL player to oversee new branch for underserved market

The bank branch will be the first of its kind for the community.

By Business Observer Staff
| 2:59 p.m. November 16, 2021
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File. City Commissioner Kyle Battie, whose district includes Newtown, says establishing a bank in Newtown has been this commission's goal.

Manatee-Sarasota

SARASOTA — The building that once housed the Newtown Economic Redevelopment Office is being repurposed into a financial establishment that will be a first for the community situated north of downtown Sarasota.

The Sarasota City Commission recently approved a lease agreement with St. Petersburg-based First Home Bank for the city-owned property at 1782 Dr. Martin Luther King Jr. Way. The community’s economic redevelopment office relocated to city hall, giving way to the First Home Bank outpost. The Sarasota Police Department will continue to operate a substation in a portion of the building.