From the Desk of... Greg Bryant
Economic news continues to be mixed with stagnant employment and declining income levels contrasted by improving housing sales and home values. My recently concluded term as the Chairman of the Florida Bankers Association gave me a broader perspective on these trends. This experience provided opportunities to interact with economic leaders like Federal Reserve Chairman, Ben Bernanke, FDIC Acting Chairman, Marty Gruenberg and Governor Rick Scott along with many state and national legislators. We worked closely with bankers from all over Florida and many other states. My conclusion is that while the banking industry continues to heal we likely face a number of years before the “good times” start to roll. In the meantime, my advice to fellow bankers and business owners has been to:
I am pleased to report that Bay Cities is well positioned to partner with our clients to further their success. 2012 has seen record levels of lending, even stronger deposit growth and an expansion in our footprint. Some examples of this are:
- Take great care of your people
- Operate as efficiently as possible
- Be on the lookout for selective growth opportunities
Bay Cities is extremely appreciative of our clients. If you find yourself frustrated by the current impersonal brand of banking that is so prevalent today; give us a call. We have an outstanding team of seasoned professional bankers who are ready to tailor a solution for you.
- Our commercial lending team continues to expand with the addition of Bob Williams and Anthony Ditinno in Pinellas County, plus Derek Rancourt and Jonathan Oliver in Hillsborough County.
- SBA Lending has rapidly expanded with Bay Cities Bank as a Preferred Lender.
- Cash Management capability has grown to include Lockbox, Association Services, Positive Pay and ACH Fraud Prevention.
- Residential Lending has grown exponentially in 2012 with a team of highly experienced professionals and a full array of secondary market and portfolio products.
- We also expanded our presence in Pinellas County by opening a Loan Production Office in the Countryside area.