St. Pete Bank buys Sarasota building for $235,000 plans full-service banking center

BayFirst National Bank had been renting the space since January 2022. With the purchase, the center will be transformed into a full-service bank.


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  • | 2:00 p.m. July 14, 2023
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(File photo)
(File photo)
  • Manatee-Sarasota
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Key takeaway: St. Petersburg-based BayFirst National Bank is taking a big step in serving a traditionally underbanked market, in the Newtown neighborhood of Sarasota. 

Core challenge: Customer education about new products and financing for affordable housing projects.    

 

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