WINTER PARK, Fla.--(BUSINESS WIRE)--
Florida Community Bank (FCB) is pleased to announce that it has been selected by Rollins College, Winter Park, Florida as its official bank. As part of its primary banking relationship with Rollins College, FCB will provide the College’s facilities financing needs, working capital financing, and deposit and treasury management services. FCB was chosen following a competitive end-of-year bid that included the incumbent bank and other national and regional institutions.
Incorporated in 1885, Rollins College is a comprehensive liberal arts college, nationally recognized for its distinctive undergraduate and graduate business school and continuing education program. In October 2017, FCB Chief Executive Officer, Kent Ellert was joined by Paul Jessen, FCB Senior Vice President & Middle Market Relationship Manager, for a meeting with Rollins College’s Board of Trustees. The two presented how well FCB’s breadth of services and proven expertise complemented the College’s current and future banking needs. Both FCB and Rollins College also share a strong commitment to Florida and the future success of its businesses, residents and communities.
Among FCB’s initial actions was the refinancing of an existing bond, and the shifting of primary deposit accounts and treasury services. Over time, FCB looks forward to the opportunity to provide additional banking services across the College’s various operating sectors, in addition to specialized financial services for faculty, staff and students.
“Rollins is pleased to begin a key banking partnership with FCB,” said Jeffrey Eisenbarth, Rollins’ Vice President for Business and Finance and Treasurer. “Based on their understanding of our needs to be competitive and grow as an institution, FCB offered the most favorable programs to the College and our students, faculty, staff, alumni and community will all benefit in the long-term.”
“We are honored to have been chosen by Rollins College as their official banking and financial services partner, and we are equally excited to be a part of their future growth and continued success,” said Kent Ellert, CEO, Florida Community Bank. “Rollins College has a long-standing tradition of innovation and making significant contributions to the higher education sector while attracting students from throughout the state and the country.”
About Rollins College
Founded in 1885, Rollins College is Florida's oldest college. Located in Winter Park, near Orlando, Rollins is consistently ranked as one of the top regional universities in the South by U.S. News & World Report. In addition to full-time undergraduate programs in the College of Liberal Arts, Rollins offers undergraduate and graduate degree programs for working adults through its evening program at the Hamilton Holt School and graduate business degree programs through its Crummer Graduate School of Business, which has been ranked a top MBA program by Forbes and Bloomberg Businessweek. Rollins serves approximately 3,200 degree-seeking students annually. For more information, visit www.rollins.edu. "Like" Rollins on Facebook and follow on Twitter@RollinsCollege.
About Florida Community Bank
Florida Community Bank, N.A., (NYSE: FCB) is the largest community banking company and the second largest Florida-based independent bank, and among the most highly capitalized banks in the state. Recently, FCB was ranked #8 among Forbes’ “Best Banks in America,” marking the second consecutive year FCB was included among the publication’s top 10 leading U.S. banks. FCB was also awarded a five-star rating from Bauer Financial™, FCB assets are more than $10 billion, with capital ratios that exceed regulatory standards. Since its founding in 2010, FCB has been steadfast in its commitment to delivering personalized service, innovation, and products and services equal to those offered by the national banks. Similarly, FCB recognizes the importance of community, fostering a corporate culture that promotes employee volunteerism at all levels, while supporting community-based programs and partnerships that help promote greater financial independence and improved quality of life for families. FCB serves individuals, businesses and communities across the state with 51 full-service banking centers from east to west, and from Daytona Beach to Miami-Dade. For more information, visit FloridaCommunityBank.com. Equal Housing Lender, Member FDIC.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180316005706/en/