Bank of America names new Sarasota-Manatee president

A member of the Bank of America leadership team in Sarasota and Manatee counties has been named president of Sarasota/Manatee. Consumer Banking Region Executive Jeff Crabtree will take on the role, leading efforts to grow market share in the two counties by building local connections and identifying opportunities to expand client relationships.

Crabtree succeeds Stephenie Whitfield, who was named president in September 2025 and recently moved to Georgia for another role with Bank of America.

As the head of the market, Crabtree will connect people with the full power of the franchise and drive collaboration across Bank of America’s eight lines of business, according to a statement.

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In addition to serving as president, Crabtree will continue working as consumer banking region executive, leading a team of market leaders in various parts of Florida, the release states. He has 15 years of experience at Bank of America, having held several positions in consumer banking and merchant services and acting as a central member of the Sarasota/Manatee leadership team.

"Jeff's established leadership and experience will ensure we're delivering on our responsible growth strategy to deepen relationships with clients, the community and teammates," Bank of America CEO and chairman of the board Brian Moynihan says in a statement. "Jeff will continue to grow our market share in Sarasota/Manatee, delivering the full breadth of Bank of America's capabilities to help our clients improve their financial lives."

Bank of America serves more than 69 million clients with about 3,500 retail financial centers and approximately 15,000 ATMs. In Sarasota and Manatee counties, the company has 31 locations that support more than 400 local Bank of America and Merrill employees. During the second quarter of 2026, Bank of America has extended $246 million in commercial loans and $143 million in small-business loans in Sarasota and Manatee counties.