Sabal Palm Bank is a locally owned and operated community bank with offices in Sarasota and Venice. The Bank’s exclusive mission is to serve the businesses, individuals and entrepreneurs in the communities we serve.
The Bank was founded in 2006 by local shareholders and a local board of directors. In 2013, the Bank was one of the first community banks in the country since the Great Recession to successfully raise new capital exclusively by a community stock sale to local residents. In a time when most banks are owned and controlled by out of area investors and management, Sabal Palm Bank continues to be truly locally owned and operated.
We are passionate about serving the needs of our community. This includes working side by side with local business owners and not-for-profits to help them achieve their financial goals. To help make the dream of homeownership possible, we have created numerous home loan products to meet the varying needs of individuals and families throughout the region. Other products and services including our Self-Directed IRA’s, Community Association Services and Life & Long Term Care division were created to specifically serve needs not being met in the community.
As the banking industry has changed, we have continued to invest in new products and services to meet the different ways people and businesses perform their daily banking. For example, Sabal Palm Bank offers state of the art technology including internet banking, mobile banking, consumer and business remote check capture, Positive Pay check fraud protection, text & email alerts and more. Most important, we are a Financial Institution comprised of experienced professionals that also call this area home. We care about our customers and our community.
Downtown Sarasota Office
Sabal Palm Bank’s Board of Directors consists of the following ten individuals that live, work and support this area.
|Joseph P. Dalton||President, Babe’s Plumbing, Inc.|
|Mark A. Davy||President, Southbay Investments|
|Leslie Kalin-Malkin||Community Volunteer|
|Richard J. Karp||President, Advanced Masonry Systems|
|Neil D. McCurry, Jr.||President & CEO, Sabal Palm Bank|
|Raymond M. Neff||President, Neff & Associates|
|Neal Neilinger||Investment Manager|
|Richard Rivera||Restaurant Development & Management|
|Jon F. Swift||CEO, Jon F. Swift Construction, Inc.|
|Charlene Heiser Wolff||Retired Managing Director, Wood Asset Management|
If you are not from the Sarasota/Manatee county area, you may think of our home towns as a destination; great beaches, great sports and entertainment, unbelievable cultural opportunities, outstanding medical facilities, sun and blue skies are the expected. If you live here, its a thriving community meant for all ages. Like all home towns, Sarasota/Manatee has a buzz of it’s own with businesses working hard to grow and develop, government working to improve the standard of living and the citizenship invested in keeping paradise, Paradise. At Sabal Palm Bank, “Our Community” is just a small part of the bigger picture. But every decision, every dollar loaned, every service offered is intended to better that small part. The Board and Management of Sabal Palm Bank believe in this community, Paradise.
“The whole team at Sabal Palm Bank truly cares about their customers and it’s important to support local businesses–what better way than to bank locally!” Alisa Bennett; co-owner Bennett Contracting.
Bennett Contracting is a full-service excavation and underground utility contractor based in Bradenton, Florida. Jason Bennett started the business out of the back of his pick-up truck back in 2000 when he was 28-years-old. His first employee at Bennett Contracting was his father, Big Jake, who retired quite a few years ago. Big Jake is in his 80’s now but he sometimes still comes to the shop and helps out with recycled materials.
Bennett Contracting was named one of the Top 50 Contractors in the region in 2011 by the Gulf Coast Business Observer. Additionally, they are especially proud to have been named the Safety Award Winner and one of just 12 National Finalists (among 75,000+ companies) for Equipment World Magazine’s 2012 Contractor of the Year Award.
Jason and Alisa Bennett have banked with Sabal Palm Bank since the beginning of the bank, over 12 years ago. In 2015 Sabal Palm Bank helped Bennett Contracting build their new facility – a 6,000 SF office/warehouse. Alisa Bennett says, “What a long way from having the bed of a pick-up as our office!”
One of their favorite features of the bank is the remote capture system so they don’t have to drive to the bank to deposit checks-they can do it right from the convenience of their office. When Alisa does visit the bank, one of her favorite employees at Sabal Palm is Stephen. “He is such a funny, positive person. Anytime I get the chance to speak with him on the phone or have him assist me when I visit the bank, I leave smiling! The whole team at Sabal Palm Bank truly cares about their customers and it’s important to support local businesses – what better way than to bank locally!”
Downtown Sarasota Office
1950 Ringling Boulevard, Suite 101
Sarasota, Florida 34236
735 East Venice Avenue
Venice, Florida 34285
5101 Fruitville Road, Suite 100
Sarasota, Florida 34232