FORT MYERS, FL (OCTOBER 7, 2015) –Joseph R. Catti, President and CEO of FineMark National Bank & Trust, announced the bank has exceeded $1 billion in total assets as of September 30, 2015. FineMark attributes the significant growth to a steadfast focus on the bank’s core principles of building deep relationships and doing what is right.
“We have been very fortunate to grow at such a rapid pace since our 2007 inception,” said Catti. “We believe if we do the right thing and deliver unparalleled service to our clients, positive things will continue to happen.”
In addition to total asset growth, the loan portfolio now exceeds $750 million and deposits have reached nearly $850 million. Assets under Management and Administration total $1.8 billion.
The number of employees at FineMark has also increased substantially to 135 associates in the bank’s 11 offices. FineMark has eight offices in Southwest Florida, one in Palm Beach and two offices in Scottsdale, Arizona.
“The success we have achieved would not be possible without our clients, shareholders, board of directors and our associates,” said Catti. “They have all contributed to the quality, growth and momentum of our company.”
FineMark has been awarded a 5-Star Superior Rating during the past 18 consecutive quarters by Bauer Financial, the nation’s leading independent bank rating and research firm.
FineMark National Bank & Trust offers a comprehensive array of banking, trust and investment services to clients interested in establishing long term, high touch relationships. FineMark is dedicated to providing a culture of service to clients and making a positive difference in the communities it serves.
