24 Aug, 2017, 12:26 ET
CORAL GABLES, Fla., Aug. 24, 2017 /PRNewswire/ -- Professional Bank, a South Florida bank with concierge-style service, announces Marcel Summermatter as their new Senior Vice President and Market Leader for Broward County. Summermatter has been tasked with growing Professional Bank's presence in Broward County building on the bank's success in Miami Dade and Palm Beach counties.
Previously, Summermatter was the Senior Vice President of Regions Bank's South Florida Middle Market Department. While at Regions Bank, his focus was on driving banking solutions for companies in the $25 million to $250 million range. Summermatter's experience contains over 14 years of relationship management and leadership roles in commercial banking including Asset Based, Middle Market, Municipal, Small Business, and International Banking.
Currently, Summermatter serves on the Board of Directors for the Greater Ft. Lauderdale Chamber of Commerce where he also chairs the International Trade Committee. He previously served on the Board of Directors for the Greater Ft. Lauderdale Alliance where from 2012 -2015 he co-chaired the International Action Team, which helped facilitate foreign direct investment into Broward County. In addition, Mr. Summermatter is the President of the Swiss American Chamber of Commerce for Florida since 2011.
"We're excited to have Marcel on board to lead our expansion into Broward County." said Abel Iglesias, President and CEO of Professional Bank. "Marcel is a seasoned commercial banker who will effectively grow our business in a footprint he knows well."
About Professional Bank and Professional Holding Corp.:
Professional Bank is a community bank offering personal and commercial banking products and services. The bank delivers concierge-style service through its two full service branches in Miami-Dade County and two loan production offices in Palm Beach County, providing personal, residential and commercial loans in addition to a full line of deposit products and cash management services. Founded in 2008, Professional Bank has grown to more than $455 million in assets. 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. PHC's Class A voting common stock is listed over the counter under the symbol "PFHD."
SOURCE Professional Bank
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