FT. LAUDERDALE, Fla., Dec. 5, 2017 /PRNewswire/ -- Professional Bank, a South Florida bank based in Coral Gables, Fla., recently expanded its footprint into Broward County with the opening of a loan production office in Fort Lauderdale. The new office, located at 888 E. Las Olas Boulevard, will be led by Senior Vice President and Market Leader for Broward County, Marcel Summermatter. Summermatter is a seasoned commercial banker with international banking experience and currently serves on the Board of Directors for the Greater Ft. Lauderdale Chamber of Commerce.
"Ft. Lauderdale is very dynamic," said Abel Iglesias, President and CEO of Professional Bank. "As a community bank we are nimble and have the team and resources to meet the needs of the commercial and small business community as well as the consumers in one of the fastest growing markets in South Florida."
Professional Bank expanded into Palm Beach County with the opening of a full-service branch in Palm Beach Gardens in November and a loan production office in Boca Raton earlier this year. The bank also operates two full service branches in Coral Gables where it was founded in 2008.
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, FL. 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."
SOURCE Professional Bank