Alex Sink to Join C1 Bank Board of Directors

ST. PETERSBURG, Fla., March 5, 2013 /PRNewswire/ -- Trevor Burgess, C1 Bank CEO announced today that Alex Sink will join C1 Bank's Board of Directors effective at its March meeting.

(Logo: http://photos.prnewswire.com/prnh/20120402/FL80456LOGO )

"Alex Sink brings a totally unique set of experience to C1 Bank's Board of Directors as we enter the next phase of growth.  Her history in public service and business leadership will be extremely valuable to C1 Bank and its clients," said CEO Trevor Burgess.  

"Alex Sink has served as a colleague and mentor to several C1 Bank leaders including President Katie Pemble and Chief Operating Officer Rita Lowman.  We are honored and excited by her joining C1 Bank as we strive to be the best bank in Florida," added Burgess.

Alex Sink noted, "I am pleased to join the Board of Directors of C1 Bank and have the opportunity to work with this talented management team. By serving both individual and business clients, C1 Bank provides access to capital which will help grow Florida's economy." 

About C1 Bank: 
C1 Bank is a local, independent bank that serves thousands of sophisticated savers and borrowers from 21 locations in Tampa Bay, a loan production office in Miami and online at www.C1Bank.com. C1 Bank is a leader in checking, savings and money markets, residential mortgages, business loans, SBA loan programs, and association and treasury services. C1 Bank is the Official Bank of the Tampa Bay Buccaneers, the Official Bank of the Outback Bowl and a Corporate Partner of the Miami HEAT.

C1 Bank services include:

• Full Service Checking, Savings and Money Market depository products for consumers and businesses
• Residential mortgages, includes 30 years fixed, jumbo, NRA and portfolio loan products, all approved with quick local decision making
• Business loans and commercial real estate loans, up to $23 million, to assist local businesses grow
• Small Business Administration loans, up to $5 million – C1 Bank is a Preferred Lender and is consistently ranked as one of the region's top SBA lenders
• Emerald Banking is dedicated a team of bankers who serve physicians, lawyers, accountants and other professionals
• Association and Treasury Services - providing lockbox services to condominium associations and other businesses in need of sophisticated treasury management solutions

About Alex Sink:
Alex Sink presently serves as a Senior Advisor with Tampa, Florida based Hyde Park Capital. The firm offers investment banking services focused on mergers, acquisitions, and capital raising. She also currently serves as Founder and Chair of the Florida Next Foundation, a non-profit, non-partisan organization focused on diversifying Florida's economy through the growth of small businesses and entrepreneurship.

Alex served as Florida's Chief Financial Officer (CFO) from 2007 to 2011 as one of four statewide elected officials. She managed over $15 billion in state treasury funds, was responsible for state accounting and implemented reforms in contracting and transparency for citizens. She also directed the state's insurance consumer advocacy work, focusing on strengthening laws to protect seniors against insurance fraud. In 2010, she was the state's Democratic nominee for Governor.

Prior to elected office, Alex had a 26 year career with Bank of America. She retired as President of Florida operations in 2000, managing the state's largest bank with $40 billion in deposits, leading 9000 employees in over 800 branches.

Alex has been a statewide business leader, serving as Chair of Leadership Florida, Chair of Take Stock in Children, Chair of The Nature Conservancy Florida Chapter, Chair of the Hillsborough Education Foundation, Vice-Chair of Florida Taxwatch, Vice-Chair of the board at Wake Forest University, and a member of the Florida Council of 100.

Alex has been honored as an inductee into the Tampa Bay Business Hall of Fame. She is also the recipient of numerous awards including the Jewish National Fund Tree of Life Award, Associated Industries of Florida Champion of Business Award, Florida Chamber of Commerce Volunteer of the Year, and Wake Forest Distinguished Alumnus Award.

Alex resides in Thonotosassa, Florida. She and her late husband Bill McBride had two children: Bert, a graduate of Stanford University and current law student at the University of Florida and Lexi, a graduate of Wake Forest University and current medical student at the University of Florida.

SOURCE C1 Bank