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Gulf Coast Business Bank Celebrates One Year Anniversary

FOR IMMEDIATE RELEASE June 5, 2023

Gulf Coast Business Bank Celebrates One Year Anniversary
Gulf Coast Business Bank is poised to celebrate its first anniversary on June 6, 2023, and is ahead of schedule for loan production and assets. After an interesting year in both banking and southwest Florida, GCBB closes out this inaugural year reaching several of its goals. The bank has recently added a Naples loan production office to be able to serve its Lee and Collier County clients better.

“The first year has been exciting. We’ve put together a great group of team members who serve our clients well. We’ve slowly grown the bank to $68M in total assets in the first year with a goal of $100M by the end of 2023. Our loan portfolio is about $39M, so we’re ahead of plan and feel good about our steady growth over a year when neither the weather nor the financial headlines has been very good,” said Bill Blevins, President and CEO of Gulf Coast Business Bank.

About Gulf Coast Business Bank
Locally owned by shareholders in Lee and Collier Counties, GCBB has some of the area’s most experienced bankers who are personally invested in the community’s success and its businesses. Through highly competitive and tailored products and services, state-of-the-art technology, and personalized banking decisions made locally, GCBB goes above and beyond to fill the relationship-based community banking void left by the consolidation of national banks. GCBB prides itself on a genuine commitment to its clients and helping to build a strong, consistently growing local economy. GCBB is “Focused on YOUR Dreams & Goals.” For more information, please visit gcbbswfl.com.

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This article was submitted by a Guest Author of the Above Board Chamber.