Intracoastal Bank Turns Five, Continues to Grow

PALM COAST, Fla. - June 14, 2013 - PRLog -- Contact: Bruce Page, President & C.E.O.
386- 449-0958
bpage@intracoastalbank.net

Palm Coast, Florida - Intracoastal Bank is pleased to announce that they are celebrating their 5th anniversary this month.

“When we opened our doors on June 16th, 2008, we were focused on one goal - to become Flagler County’s best (not biggest) bank,” said President and C.E.O. of Intracoastal Bank Bruce Page. “We are thrilled with the success that we’ve had in Flagler County over the past five years and we look forward to bringing that same momentum to Volusia County with the recent addition of our Daytona Beach lending center,” Page added.

Here are some growth facts about the bank spanning the past five years:

• Started with 10 employees, currently employ 24
• Started with no deposits or loans. Now the bank has approximately $187.3 million in assets, $168.4 million in deposits and has loaned $97 million to local businesses in the community
• Rated a five-star bank by Bauer Financial consistently over the past several years
• Voted Best Bank by The Flagler/Palm Coast News-Tribune readers in the Reader’s Choice Awards in 2010, 2011 and 2012, received 'Standing O' award from the Palm Coast Observer, and the 2012 Corporate Pinnacle Chairman's Award for community involvement from the Flagler County Commission
• The Intracoastal Bank staff has engrained themselves in the community, getting involved in charitable and professional organizations including but not limited to:

o United Way of Volusia/ and Flagler County
o United Way of Volusia/ Flagler County and its Women’s Initiative
o Flagler County Education Foundation
o Take Stock in Children
o Habitat for Humanity
o Flagler County and Halifax Chamber of Commerce
o Flagler and Volusia County Homebuilders Associations
o Rotary International
o Volusia Manufacturing Association
o Centers for Business Excellence serving Flagler and Volusia County

Looking to the near future, the bank will be unveiling some new programs/services over the next several months including payroll services for business customers, as well as a new program dedicated to medical and executive/professional customers.

Intracoastal Bank, headquartered in Palm Coast, and is a locally owned and operated financial institution. Intracoastal Bank’s main banking center is located at 1290 Palm Coast Parkway, NW, Palm Coast, Florida 32137.  The Bank’s Lending Center is located at 1659 N. Clyde Morris Blvd Ste 2, Daytona Beach, FL  32117. The Bank serves the Northeast and East Central Florida area.  The bank offers a full range of deposit and loan products tailored to meet the needs of customers and the community. The bank is a state charted commercial bank, member FDIC.  Intracoastal‘s 5-Star "superior" rating distinguishes the bank as one of Florida’s strongest, safest financial institutions, according to BauerFinancial, Inc.  More corporate information and e-banking are available at http://www.intracoastalbank.net, or join the conversation with Intracoastal Bank on Facebook at https://www.facebook.com/intracoastalbank.