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Intracoastal Bank to Celebrate Its Tenth Anniversary This Year

Palm Coast, Fla.( April 13, 2018)  – Bruce Page, President and CEO of Intracoastal Bank, is pleased to announce the company will celebrate 10 years in business this year.

Celebrations will take place throughout the year and will culminate in an anniversary ribbon cutting and open house onOctober 10, 2018. The bank kicked off the celebrations last month at its annual shareholders’ meeting, where bank management announced high level quarter-end financials, including total loan and deposit milestones.

Three major milestones were achieved at the end of its first quarter in 2018, with total deposits reaching more than $300 million, total loans exceeding $200 million and total loan production for life to date surpassing $400 million. Since bank inception, the $28 million invested by shareholders has been leveraged to provide over $400 million in loans to grow businesses and the local economy.

Throughout its tenure, the Intracoastal Bank team is proud to have received several awards from various organizations. Since 2010, the bank has been voted Flagler’s Best Bank in the local Readers’ Choice Awards, as well as Best Financial Institution in the Standing O Business Excellence Awards and, most recently, was named the Flagler County Chamber’s Large Business of the Year.  According to  Bankers Caddy Intracoastal ranks in the top 1% ( # 61)  banks in USA in overall performance based on 2017 results (www.bankerscaddy.com/nationalrankings.php).

This institution employs 40 staff members and prides itself on hiring local talent. These employees live in the communities they serve and participate in local events and organizations, as well as serve on numerous nonprofit boards like the United Way Volusia/ Flagler, Stewart Marchman Act (SMA) Behavioral Health Care, CareerSource, Habitat for Humanity and more. 

“As we celebrate our 10-year milestone, I’d like to thank our board of directors, shareholders, associates and clients to whom we owe this tremendous success in becoming the premier community bank in our market and a top performer in the Country,” said Page. “I’m inspired by their commitment and passion and look forward to the next decade and beyond serving this wonderful community.”

Intracoastal Bank is a locally owned and operated financial institution. Intracoastal Bank’s Flagler County banking center is located at 1290 Palm Coast Parkway, NW, Palm Coast, Florida 32137. The Bank’s Volusia County Banking Center is located at 2140 LPGA Blvd., 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 including retail and commercial loan products, small business products and convenient 24-hour ATMs for customers and non-customers to use. The bank is a state chartered commercial bank, member FDIC. Corporate information and e-banking are available at www.intracoastalbank.net. They can be reached at 386-447-1662, or Facebook at https://www.facebook.com/intracoastalbank.

For further information, please contact:

Bruce Page
President & C.E.O.

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2140 LPGA Blvd.
Daytona Beach, Florida 32117
1290 Palm Coast Parkway NW
Palm Coast, FL. 32137
Office: 386-449-0958
Fax:     386-447-1663
Cell:     386-864-0611
Email: bpage@intracoastalbank.net
Web:    www.intracoastalbank.net
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