Home Newsmakers Companies New bank opens in Sarasota

New bank opens in Sarasota

January 30, 2008

Florida Bank Group Inc. of Tampa expands south Tampa-based Florida Bank Group Inc. is expanding into the local market with the opening of Florida Bank of Sarasota. The main office is at 1432 First St. in Sarasota, where veteran Florida banker Michael Worthington will serve as the president and CEO. He previously was a division president at First State Bank, part of Sarasota-based First State Financial Corp. The new bank has roughly $18 million in capital. Florida Bank Group Inc. is a bank holding company that conducts banking operations through the wholly owned subsidiaries of the Bank of St. Petersburg, the Bank of Tallahassee, Florida Bank of Jacksonville and Florida Bank of Sarasota.

 

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