From the Desk of... H. Wade Griffin
Bay Cities Bank staked its claim on being Tampa Bay's premier Business Bank before the doors officially opened in 1999. While this focus has not changed, in recent years Residential Lending has quietly become a much more meaningful Division of the Bank. According to President and CEO, Greg Bryant, "It is important to the owners and employees of our Business Clients that we deliver the same exceptional client service and innovative solutions for their home financing that we deliver for their company."
The Tampa Bay Market became known as a national leader in foreclosures in recent years and is also a hotbed for hedge funds amassing large pools of rental properties. Bay Cities has built its reputation above this fray. Even with historic low interest rates, approximately half of our volume relates to purchase rather than refinance transactions. Further, average loan size is almost double the local average. Bay Cities is not restricted to a proprietary set of residential lending programs, which allows the bank to deliver the loan that is optimal for each of our clients. They tell us that the experience, responsiveness and professionalism of the Bay Cities Residential Team coupled with a full array of flexible products makes all the difference.