Time really does fly by when you’re having fun. I can’t believe we are about to celebrate the bank’s five-year anniversary. I feel like this celebration is more of a birthday than an anniversary because it’s really about the birth and tremendous growth of Flagler County’s first truly hometown bank – Intracoastal Bank.
When we opened our doors on June 16, 2008, we were myopically focused on one goal – to become Flagler County’s best (not biggest) bank.
As I am writing this today, I’m extremely excited and proud to say that we’ve achieved that goal and more. Due to the selfless dedication of our staff, the unwavering guidance of our board and the overwhelming loyalty and encouragement of our customers, Intracoastal Bank has (home) grown into the best banking institution in Flagler County!
A celebration would not complete however, without looking at what we – our staff, our board and our customers – have accomplished over the last five years. Incredibly, the list is long, so I thought I’d hit on a few of the highlights.
– We have grown from 10 employees to 24 employees currently on staff.
-We started the bank with no deposits or loans. Today we have approximately $187.3 million in assets, $168.4 million in deposits and $97 million in loans.
-We’ve been rated a five-star bank by Bauer Financial consistently over the past five years.
-We’ve remained committed to the betterment and economic welfare of our community. Our staff is involved in many charitable and professional organizations to include:
Flagler County Education Foundation
Take Stock in Children
United Way of Volusia/Flagler Counties
United Way of Flagler County Women’s Initiative
Flagler Habitat for Humanity
Flagler County Chamber of Commerce
Flagler County Homebuilders Association
Volusia Manufacturing Association
Center for Business Excellence
-We’ve been honored with the News-Tribune’s Readers’ Choice Award – voted the area’s best bank in 2010, 2011 and 2012.
-We offer leading-edge technology and banking programs. In an environment marked by incessant change, we continue to bring our customers state-of-the-art services and innovative banking solutions to make banking convenient.
We have made monumental strides in our first five years. But you can be sure; we have no intention of resting on our laurels. Over the next several months we will be unveiling several new programs/services. Some of these include payroll services for our business customers as well as a new program dedicated to our medical and executive/professional customers. In addition, we will be evaluating the addition of a mobile capture program – enabling our customers to utilize their cell phones to make deposits.
Yes, we have much to celebrate. However, we couldn’t have done it without you, our loyal customers. As we move into the next five years and beyond much will change. But the one thing you can count on to remain the same is the overriding banking philosophy that brought us to where we are today – our dedication to our customers and to community where we live and work.
So please join me in celebrating how far we’ve come and more importantly, where we’re headed. I look forward to our very bright future with all of you.
Thank you for the fun. Here’s to our first five years together and the exciting ones yet to come!