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Finance

  • By Business Observer Staff
  • June 14, 2019
Are credit unions the new community banks?

Credit unions, nationally and especially in Florida, are diving into a new form of expansion: buying banks. A pair of billion-dollar area credit unions lead the way in the buy-to-grow strategy.

  • Finance
  • By Business Observer Staff
  • June 14, 2019
Several banks — even smaller ones — show strength in managing assets

A pair of Crews Banking Corp. subsidiaries leads the way in two banking metrics.

  • Finance
  • By Mark Gordon
  • June 14, 2019
Several area banks surge ahead in assets

Banks in the region added $6.1 billion in assets in the first quarter.

  • Finance
  • By Mark Gordon
  • June 14, 2019
College football stars shine in private equity

Brothers, college football stars and entrepreneurs, the Weatherfords have decades of success. Up next? Conquer private equity.

  • Finance
  • By Mark Gordon
  • June 14, 2019
Prominent banker comes back for more

One of the state’s most well-known bankers reflects on a long career, citing a focus on the basics as a key to success. ‘I kept things light, kept things simple,’ Bill Klich says.

  • Finance
  • By Grier Ferguson
  • April 19, 2019
Community bank, fresh off name change, looks for big opportunities in new areas

Arcadia-based Crews Bank & Trust is moving into Sarasota with a branch opening downtown soon.

  • Finance
  • By Andrew Warfield
  • April 19, 2019
Gulf Coast banks bucking national trend

Federal Reserve survey suggests a tightening in commercial lending nationally, but banks in the region are seeing the opposite. One key factor: the surging population.

  • Finance
  • By Mark Gordon
  • April 19, 2019
Banker, nearing 80, forges ahead with tech startup

CapTec is a matchmaking entity of sorts to connect small businesses nationwide with community banks for loan opportunities, using proprietary data algorithms.

  • Finance
  • By Brian Hartz
  • April 19, 2019
Free to thrive: Bank relishes its one-of-a-kind status

Cathy Swanson, CEO of fast-growing St. Petersburg, Florida-based Freedom Bank, sees consolidation within the state's community banking sector as a huge opportunity for locally owned financial institution.

  • Finance
  • By Brian Hartz
  • April 19, 2019
Bank shot: CEO returns to his roots with strategic acquisition

Katz Capital, a multifaceted Tampa, Florida, investment and finance holding company, has acquired Camp Grove State Bank, a tiny bank serving farmers in rural Illinois. CEO Brian Katz explains the thought process behind the purchase.

  • Finance
  • By Brian Hartz
  • March 1, 2019
Up in smoke: A bank explains its big bet on barbecue

Dr. BBQ, Ray Lampe, has teamed up with Tampa Bay restaurateurs Roger and Suzanne Perry to open Dr. BBQ, an upmarket barbecue restaurant in St. Petersburg, Florida, financed by Valley National Bank.

  • Finance
  • By Mark Gordon
  • February 15, 2019
Prominent NY family targets region to grow wealth management firm

Here’s a sign the economy in the Sarasota market remains robust: One of the wealthiest families in the New York City banking and real estate scene is relying on the region as a launch pad for a new wealth management company.

  • Finance
  • By Andrew Warfield
  • February 8, 2019
How to get a business loan when you need one

Commercial banker recommends developing a relationship with a lender, doing your homework for the smoothest and quickest possible approval process.

  • Finance
  • By Brian Hartz
  • February 8, 2019
How to woo big-time investors

Mike Faraone, an owner and senior managing director at Skyway Capital Markets, a Tampa, Florida-based investment firm, offers some insider tips about how to woo big-time investors.

  • Finance
  • By Mark Gordon
  • December 21, 2018
Area community banks take on upstart tech firms

It’s not just millennials that community banks risk losing. A recent report from global research firm Gartner, for one, pings community banks in particular on fintech: “By 2030, only 20% of heritage financial firms will flourish and win,” states the repor

  • Finance
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