First Citrus Bank Will Expand into Pinellas County with Full-Service Bank in Downtown St. Petersburg
First Citrus Bank is set to open its first full-service branch in St. Petersburg, Florida, by June 2021. The new location will be at 300 1st Ave South, promising to enhance community banking services. With a strong track record in local lending, the bank has loaned a significant portion of its deposits back into the community. The bank's commitment is exemplified by its recent accolades, including being a Top 5 SBA lender in Tampa Bay. This expansion aims to support local businesses and families, aligning with the bank's mission of fostering economic success in the Tampa Bay area.
- Opening of a full-service branch in St. Petersburg, enhancing community support.
- Ranked as a Top 5 SBA lender in Tampa Bay, indicating strong lending capacity.
- Established presence in the community through a loan production office and local partnerships.
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TAMPA, Fla., April 12, 2021 (GLOBE NEWSWIRE) -- First Citrus Bank announced plans to open its first full-service bank in St. Petersburg. Located at 300 1st Ave South in the heart of downtown St. Pete, the branch, executive offices, and drive-thru are anticipated to open in June 2021.
"We're beyond excited to be deepening our commitment in the `Burg! We have spirited leadership in Leslie Bridges and Brett Dulaney, who have a combined 31 years of experience in Pinellas County. The First Citrus brand is unlike any other in the market, in part because for over 20 years, we have loaned more of our deposits throughout Tampa Bay than any other bank. Ninety-eight cents of every deposit dollar goes right back into the communities we serve in the form of commercial loans, like the ones our St. Pete bankers will continue to provide in supporting local businesses. You'll have the accessibility, and we'll have the staying power to keep serving you for years to come," said Jack Barrett, CEO of First Citrus Bank.
First Citrus Bank has been a part of the St. Pete entrepreneurial community's fabric through its successful loan production office on 1st Avenue North and its partnerships with St. Pete Greenhouse and the St. Pete Chamber of Commerce.
"The pandemic has had a deep impact on our community in many ways," says Leslie Bridges, SVP Business Banker. "We are proud to support local businesses, advocating for them to obtain Paycheck Protection Loans, and remain financially secure, so they can continue to provide their invaluable resources, jobs, and cultural impact here in the St. Pete and Tampa areas. Our expansion into the `Burg with a full-service branch allows us the opportunity to lift up more businesses and families, and it is our honor and privilege to do so."
First Citrus Bank is a true community bank and was recently named a Top 5 SBA lender in Tampa Bay and ranked 7th in the state for Paycheck Protection Program lending. It has served the Tampa Bay community for the past 21 years, with 5 branches across the Tampa Bay area. The executive team located in Carrollwood has over 20 years of tenure together, and all are long-time residents of Tampa Bay. First Citrus Bank offers a suite of mobile and online banking services in addition to the lobby and drive-up services.
About First Citrus Bank
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First Citrus Bank enhances vibrancy throughout Tampa Bay by helping families become more financially secure and businesses economically successful. For additional information, please visit https://www.firstcitrus.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/971c0018-2662-46a0-a1f7-7a692bea57bc
