Nov. 13, 2017 – Professional Bank, headquartered in Coral Gables, Fla., announced the opening of its first full-service branch in Palm Beach County. The branch is located in Palm Beach Gardens at 5100 PGA Blvd., Suite 101, and will offer its clients personalized banking and customized solutions. Professional Bank’s products range from residential and commercial real estate financing to business loans and lines of credit to deposit accounts and treasury management services.
Professional Bank now operates three full-service branches and two loan production offices across its footprint of Miami-Dade, Palm Beach and Broward counties. The bank established a presence in the Palm Beach Gardensmarketplace in January 2016 through the opening of a loan production office, led by Michael Woody, working with local individuals and businesses that value the professional standards and exceptional service that are the basis of the Professional Bank business model. Woody and his team will now transition to the full-service branch where they will work with new and existing clients.
“Professional Bank’s unique approach to knowing our clients and our ability to structure solutions to meet their specific needs enables our growth into new markets,” said Abel Iglesias, President and CEO of Professional Bank. “The Palm Beach Gardens and Northern Palm Beach County market is thriving, and we believe underserved from a personalized banking experience perspective. We look forward to filling that void.”
About Professional Bank and Professional Holding Corp.:
Professional Bank is a community bank that specializes in construction, residential and commercial real estate financing as well as business loans and lines of credit, including SBA. Professional Bank serves the banking needs of its clients through a full offering of deposit products, cash management services, online and mobile banking. For more information, please visit www.professionalbankfl.com.
Professional Holding Corp. (PHC) is a financial holding company headquartered in Coral Gables, Florida. PHC’s principal subsidiary is Professional Bank which operates full-service branches and loan production offices in Miami-Dade, Palm Beach and Broward counties. PHC’s Class A voting common stock is listed over the counter under the symbol “PFHD.”