Sarasota, Fla. December 3, 2014—Insignia Bank tops all Sarasota and Manatee County community banks in lending for the third quarter in both dollars and percentage increase over the previous year. Insignia Bank is also in the top twenty percent of all banks headquartered in the state of Florida for percentage loan growth. This is according to the Hacker, Johnson and Smith, CPAs, a leading Florida provider of independent audit services for the financial industry.
“We are very pleased to see the hard work of our lending team mesh with the strategic support of our board and so quickly result in such significant results,” said Charles G. Brown III, Chairman and CEO of Insignia Bank. Additionally, this is a strong indication of the climbing local economy while in other parts of the country banks continue to struggle for loan growth.”
Insignia Bank is a locally owned and operated Community Bank with its downtown location at 333 North Orange Avenue at the corner of Fruitville Road in Sarasota, FL. Insignia’s other branch office is located at 5850 Fruitville Road at the intersection of Cattlemen Road in Sarasota, FL. Insignia Bank’s primary lines of business include consumer and commercial deposit services, commercial real estate lending, residential mortgages, and investment services. Insignia Bank is a member of the Federal Deposit Insurance Corporation and an Equal Opportunity Lender. Investment and other non-deposit products are not a deposit, not FDIC insured, and not guaranteed by the bank or any government agency and are subject to investment risks, including possible loss of the principal invested. www.insigniabank.com
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