TIB Bank of the Keys Opens Naples Loan Centers

Apr 05, 2001, 01:00 ET from TIB Financial Corp.

    KEY LARGO, Fla., April 5 /PRNewswire/ --
 TIB Financial Corp., (Nasdaq: TIBB) holding company for TIB Bank of the Keys,
 today announced the opening of two loan centers in the Southwest Florida
 market of Naples.  Adding to TIB Bank's previously announced branch locations
 in Estero to open in the fall of 2001, and in Naples at 6th Avenue, North, to
 open in early 2002, the bank has now opened temporary government loan,
 commercial loan and residential mortgage offices.
     In a unique move, TIB Bank has signed a long-term lease to occupy 3,000
 square feet in the Trade Center area of North Naples at 1720 J & C Boulevard.
 This business banking center will house TIB Bank's government loan company
 headed by William Hughes, its President, and the bank's commercial loan
 activities headed by Alma Shuckhart, the bank's senior commercial lender.
 Additionally, TIB's merchant bankcard center location will be opened in June
 of this year.  Till renovations are completed at J & C Boulevard, the
 temporary office for government loans and commercial lending is located in the
 Baker Center on 8th Street in downtown Naples.
     TIB's designation as a "SBA Preferred Lender" provides borrowers with
 faster service, less paperwork and the knowledge and comfort of dealing with a
 decision-maker directly.  Preferred lender status offers full delegation of
 authority to decide unilaterally on SBA eligible business loans.  Bill Hughes,
 President of TIB Government Loan Specialists said, "Our years of successful
 SBA and USDA lending has made TIB Bank the lender of choice in Monroe and
 South Miami-Dade Counties. We now look forward to bringing these business
 advantages to the communities of Collier and Lee Counties."
     "Bill's many years of lending experience with all types of government loan
 programs, combined with a consultative approach, gives each prospective
 borrower smooth, efficient and decisive loan services. Additionally, Alma
 Shuckhart, TIB Bank's Southwest Florida Region Senior Commercial Lender, will
 lead a full-function commercial loan area from our new business banking
 center.  Alma's regional and community based lending experience enables the
 bank to provide responsive, trusted and decisive service to Collier and Lee
 County businesses seeking good commercial bank services," said Millard
 Younkers, President of TIB Bank's Southwest Florida Region.
     TIB Bank has also opened a residential mortgage loan center in the HMA
 Building in Pelican Bay.  The loan center, headed by Senior Residential
 Lending Specialist, John Ross, provides a full range of residential mortgage
 loan products from affordable home loans to multi-million dollar loans on both
 a fixed or adjustable rate basis.  "John's experience and knowledge of the
 Naples, Estero and Bonita Springs markets brings service, product and pricing
 together for his customer base.  We are pleased to have John on-board with
 us," said Millard Younkers.
     TIB Bank of the Keys brings to Southwest Florida a 27-year-old, publicly
 traded, $475 million full-service banking franchise. Requests for information
 regarding the purchase or sale of the common stock can be addressed to Advest,
 Inc., Allen C. Ewing & Co., AnPac Securities Group, Inc., Morgan, Keegan &
 Company, Spear, Leeds & Kellogg, and Tucker Anthony Incorporated, market
 makers for TIB Financial Corp. stock.
     Copies of TIBB press releases, SEC filings, current price quotes, stock
 charts and other valuable information for investors may be found on the
 Company's Web site at http://www.tibbank.com.
     For further information, contact Edward V. Lett, President and CEO at
 305-451-4660, ext. 117 or elett@tibbank.com.
 
     Except for historical information contained herein, this news release
 contains comments or information that constitute forward-looking statements
 within the meaning of the Private Securities Litigation Reform Act of 1995,
 which involve significant risks and uncertainties.  Actual results may differ
 materially from the results discussed in the forward-looking statement.
 
 

SOURCE TIB Financial Corp.
    KEY LARGO, Fla., April 5 /PRNewswire/ --
 TIB Financial Corp., (Nasdaq: TIBB) holding company for TIB Bank of the Keys,
 today announced the opening of two loan centers in the Southwest Florida
 market of Naples.  Adding to TIB Bank's previously announced branch locations
 in Estero to open in the fall of 2001, and in Naples at 6th Avenue, North, to
 open in early 2002, the bank has now opened temporary government loan,
 commercial loan and residential mortgage offices.
     In a unique move, TIB Bank has signed a long-term lease to occupy 3,000
 square feet in the Trade Center area of North Naples at 1720 J & C Boulevard.
 This business banking center will house TIB Bank's government loan company
 headed by William Hughes, its President, and the bank's commercial loan
 activities headed by Alma Shuckhart, the bank's senior commercial lender.
 Additionally, TIB's merchant bankcard center location will be opened in June
 of this year.  Till renovations are completed at J & C Boulevard, the
 temporary office for government loans and commercial lending is located in the
 Baker Center on 8th Street in downtown Naples.
     TIB's designation as a "SBA Preferred Lender" provides borrowers with
 faster service, less paperwork and the knowledge and comfort of dealing with a
 decision-maker directly.  Preferred lender status offers full delegation of
 authority to decide unilaterally on SBA eligible business loans.  Bill Hughes,
 President of TIB Government Loan Specialists said, "Our years of successful
 SBA and USDA lending has made TIB Bank the lender of choice in Monroe and
 South Miami-Dade Counties. We now look forward to bringing these business
 advantages to the communities of Collier and Lee Counties."
     "Bill's many years of lending experience with all types of government loan
 programs, combined with a consultative approach, gives each prospective
 borrower smooth, efficient and decisive loan services. Additionally, Alma
 Shuckhart, TIB Bank's Southwest Florida Region Senior Commercial Lender, will
 lead a full-function commercial loan area from our new business banking
 center.  Alma's regional and community based lending experience enables the
 bank to provide responsive, trusted and decisive service to Collier and Lee
 County businesses seeking good commercial bank services," said Millard
 Younkers, President of TIB Bank's Southwest Florida Region.
     TIB Bank has also opened a residential mortgage loan center in the HMA
 Building in Pelican Bay.  The loan center, headed by Senior Residential
 Lending Specialist, John Ross, provides a full range of residential mortgage
 loan products from affordable home loans to multi-million dollar loans on both
 a fixed or adjustable rate basis.  "John's experience and knowledge of the
 Naples, Estero and Bonita Springs markets brings service, product and pricing
 together for his customer base.  We are pleased to have John on-board with
 us," said Millard Younkers.
     TIB Bank of the Keys brings to Southwest Florida a 27-year-old, publicly
 traded, $475 million full-service banking franchise. Requests for information
 regarding the purchase or sale of the common stock can be addressed to Advest,
 Inc., Allen C. Ewing & Co., AnPac Securities Group, Inc., Morgan, Keegan &
 Company, Spear, Leeds & Kellogg, and Tucker Anthony Incorporated, market
 makers for TIB Financial Corp. stock.
     Copies of TIBB press releases, SEC filings, current price quotes, stock
 charts and other valuable information for investors may be found on the
 Company's Web site at http://www.tibbank.com.
     For further information, contact Edward V. Lett, President and CEO at
 305-451-4660, ext. 117 or elett@tibbank.com.
 
     Except for historical information contained herein, this news release
 contains comments or information that constitute forward-looking statements
 within the meaning of the Private Securities Litigation Reform Act of 1995,
 which involve significant risks and uncertainties.  Actual results may differ
 materially from the results discussed in the forward-looking statement.
 
 SOURCE  TIB Financial Corp.