Board Recognition Archive

2023 Board Recognitions

expand Date: 1/17/2023

01-17-23 SanCap Bank 20th Anniversary
The only local bank chartered on Sanibel Island has grown from two island locations primarily serving the residents and businesses of Sanibel and Captiva islands to eight locations throughout Lee County; and

WHEREAS, SanCap Bank was founded in 2003, through the efforts of Craig Albert, and is one of the only locally owned and operated community banks in Lee County and Southwest Florida; and

WHEREAS, it is consistently, nationally ranked in the top twenty-five as a best performing community bank by S&P Global Market Intelligence out of 4,500 banks with assets under $1 billion; and

WHEREAS, SanCap Bank now has total assets over $730 million, $680 million in deposits, close to $600 million in loans and nearly 15,000 customers; and

WHEREAS, they employ 108 Lee County resident team members and over 60% are current bank shareholders; and

WHEREAS, the Bank is committed to driving the local economy by consistently maintaining a higher-than-average loan to deposit ratio by lending to local businesses starting up, companies expanding their footprint and families purchasing homes; and

WHEREAS, since 2003 the Bank has donated more than 2.5 million dollars to local community organizations and causes; and

WHEREAS, annually over 1,000 employee volunteer hours are donated to causes contributing to the betterment of the community; and

WHEREAS, it is fitting and appropriate to recognize the 20th anniversary of this locally grown financial institution.

NOW, THEREFORE BE IT RESOLVED BY the Board of County Commissioners of Lee County, Florida does proudly take observance of this landmark occasion, and does officially say thank you for your many achievements for the betterment of Lee County residents, businesses, and the community, and offers a very happy 20th anniversary to all employees, board of directors and shareholders and further, does hereby wish Sanibel Captiva Community Bank continued success in the years ahead.