On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (“SECURE Act”) into law. The SECURE Act was signed in the middle of the holiday season and was tucked into a 1,700 page, $1.4 trillion act that will fund half of the government for the remainder of fiscal year …
2019 Q4 Shareholder’s Letter
Read FineMark’s Fourth Quarter Shareholder’s Letter from the President, Joseph R. Catti. DEAR VALUED SHAREHOLDERS, On behalf of everyone at FineMark National Bank & Trust—the Board of Directors, the executive management team and all of our dedicated associates—I am pleased to report on the bank’s performance for the fourth quarter and the full year 2019. …
FineMark’s New Building Construction Updates
Stay up to date with what’s happening at FineMark’s newest building construction. Major changes are happening at the site of FineMark’s newest office in Fort Myers. The walls are now up on the 60,000 square foot, three-story building. Stevens Construction used a tilt-wall technique, where concrete walls were formed horizontally on concrete slabs on the …
Digital Payment Security Tips
Digital payment solutions like Zelle®, which FineMark offers to clients, continue to grow in popularity. These peer-to-peer payment applications allow you to transfer money easily to friends and family. However, with issues like identity theft and other cybercrimes on the rise, it’s important to know what you can to do help protect yourself–and your money–when …
Groundbreaking Ceremony
FineMark held a ceremonial groundbreaking for the bank’s newest and largest location in Fort Myers, Florida on November 7th. The $27 million-dollar project is beginning to take shape at the corner of College Parkway and Winkler Road in south Fort Myers. Nearly 200 associates, clients and friends of FineMark were on hand for the special …
2019 Third Quarter Review and Commentary
“If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.” – John C. Bogle, Founder and CEO of Vanguard Group (1929 – 2019) This quarter’s featured quote comes from, Jack Bogle, who passed away this past January. Bogle was the founder of the Vanguard Group, the firm credited …
Signature Formalities
How often do we sign our names on credit card receipts, letters, and emails without thinking much about it? I regularly sign credit card receipts as quickly as possible to avoid holding up the line in the grocery store or at restaurants. My signature rarely is the same each time I sign, especially at places …
2019 Q3 Shareholder’s Letter
Read FineMark’s 3rd Quarter Shareholder’s Letter from the President, Joseph R. Catti. DEAR VALUED SHAREHOLDERS, FineMark Holdings, Inc. (OTCQX: FNBT), the parent company of FineMark National Bank & Trust, today announced third quarter 2019 net income of $4.5 million, or $0.50 per diluted share, compared to net income of $3.5 million, or $0.39 per diluted …
FineMark Cooks Up Goodwill
Original article: FineMark Cooks Up Goodwill; Local banking firm treats clients, nonprofits to well-fed relationships. By Chelle Koster Walton | Photography by Zach Stoval https://www.gulfshorebusiness.com/ffinemark-cooks-up-goodwill/ Breaking bread together: The shared experience of food creates a bond unlike any other. Chefs, home entertainers and even moms and dads have known this for generations. At Southwest Florida’s …
FineMark’s Lee County President, Harlan Parrish, named Bonita Springs Citizen of the Year
Congratulations to Harlan Parrish, champion of education, named Bonita Springs Citizen of the Year Original article: Harlan Parrish, champion of education, named Bonita Springs Citizen of the Year By Thaddeus Mast, Naples Daily News HARLAN PARRISH, 2019 CITIZEN OF THE YEAR AND PRESIDENT OF FINEMARK NATIONAL BANK AND TRUST, LEE COUNTY, ACCEPTS HIS AWARD AT …
Opportunity Zones
Opportunity Zones May Offer Solution to Large Unrealized Capital Gains. Written By: Paul D. Blatz and Dean Borland When Congress passed the Tax Cuts & Jobs Act in December 2017, most of the fanfare focused on the savings it bestowed on individual and corporate taxpayers. But the law also established a new program that may …
Congratulations to FineMark friend and client, Hale Irwin, for receiving the PGA Tour’s 2019 Payne Stewart Award
Hale Irwin was presented with this prestigious award at a recent ceremony in Atlanta. The Payne Steward Award is given each year by the PGA TOUR to a professional golfer who best exemplifies Stewart’s steadfast values of character, charity and sportsmanship. Stewart, an 11-time winner on the PGA TOUR and World Golf Hall of Fame …
