Joseph R. Catti, President and CEO of FineMark National Bank & Trust, announced the bank has exceeded $500 million in total assets, several months prior to its sixth anniversary. FORT MYERS, FL (December 17, 2012) –Joseph R. Catti, President and CEO of FineMark National Bank & Trust, announced the bank has exceeded $500 million in …
Unlimited FDIC Coverage
As of December 31, 2012, temporary unlimited coverage for non-interest bearing transaction accounts will expire. TEMPORARY UNLIMITED COVERAGE FOR NON-INTEREST BEARING TRANSACTION ACCOUNTS SET TO EXPIRE. As of December 31, 2012, unlimited coverage for non-interest bearing transaction accounts will expire. This deposit protection was originally introduced to stabilize deposit bases when the banking system came …
Should You Pay Off Your Mortgage or Invest?
Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first item on your financial to-do list. But competing with the desire to own your home free and clear is your need to invest for retirement, your child’s college …
Letter from Our President
Dear Shareholder: On behalf of the Board of Directors and the management team of FineMark National Bank & Trust, I am pleased to report on the bank’s performance during the quarter ending June 30, 2011. Second Quarter Financial Highlights FineMark had a second quarter net income before taxes of $449 thousand. This figure is in …
Letter From Our President
Dear Shareholder: On behalf of the Board of Directors and the management team of FineMark National Bank & Trust, I am pleased to report on the bank’s performance during the calendar quarter ending December 31, 2010. Fourth Quarter Financial Highlights Revenues for the fourth quarter of 2010 totaled $2.7 million versus $2.1 million for the …
Letter From Our President
November 23, 2010 DEAR SHAREHOLDER: On behalf of the Board of Directors and the management team of FineMark National Bank & Trust, I am pleased to report on the bank’s performance during the calendar quarter ending September 30, 2010. THIRD QUARTER FINANCIAL HIGHLIGHTS Revenues for the third quarter of 2010 totaled $3.2 million versus $2.079 …
Letter From Our President
Dear Shareholder: On behalf of the Board of Directors and the management team of FineMark National Bank & Trust, I am pleased to report on the bank’s performance during the calendar quarter ending June 30, 2010. SECOND QUARTER FINANCIAL HIGHLIGHTS FineMark reached two milestones during the quarter by reporting a net profit and exceeding $300 …
Letter From Our President
Dear Shareholder: On behalf of the Board of Directors and the management team of FineMark National Bank & Trust, I am pleased to report on the bank’s performance during the calendar quarter ending March 31, 2010. FIRST QUARTER FINANCIAL HIGHLIGHTS Revenues for the first quarter of 2010 totaled $1.85 million which represents a 70.3% increase …
Letter From Our President
Dear Shareholder: On behalf of the Board of Directors and the management team of FineMark National Bank & Trust, I am pleased to report on the bank’s performance during the calendar quarter ending December 31, 2009. FOURTH QUARTER FINANCIAL HIGHLIGHTS Revenues for the fourth quarter of 2009 totaled $2.074 million which represents a 140% increase …
Letter From Our President
Dear Shareholder: On behalf of the Board of Directors and the management team of FineMark National Bank & Trust, I am pleased to report on the bank’s performance during the calendar quarter ending September 30, 2009. THIRD QUARTER FINANCIAL HIGHLIGHTS Revenues for the third quarter of 2009 totaled $ 2.079 million which represents a 150 …
Letter announces Brokerage Services to Clients and Shareholders
We are pleased to announce the creation of FineMark Financial Services, the new Brokerage Department of FineMark National Bank & Trust. FineMark Financial Services will be an expansion of FineMark’s already significant capabilities and we believe it is an important addition to services currently being offered through FineMark’s Trust Department. FineMark’s Board of Directors endorsed …
Letter From Our President
Dear Client: We wrote to you in early October of 2008 to outline actions taken by FineMark National Bank & Trust to protect our clients’ assets. A second letter followed in December of last year discussing FineMark’s regulatory, compliance and audit programs. While the financial crisis may have abated to a degree, reports continue to …