Company Information

History and Status of the Bank

The process of organizing First America Bank began in 2002. On October 22, 2003, the Organizers filed an application for the formation of a state chartered bank with the State of Florida Office of Financial Regulation, and an application with the Federal Deposit Insurance Corporation ("FDIC") for deposit insurance. First America Bank has opened three banking center locations since 2004, one in Manatee County and the other two in Sarasota County.

The Anticipated Market Area

First America Bank is an independent community bank serving Manatee and Sarasota Counties. We currently have 3 banking center locations to serve you. The main office opened in a temporary facility on June 7th, 2005. The 8,500 square foot permanent facility was completed in late 2005 and is located at 1307 South Tamiami Trail in Osprey.

Our second banking center is located at 2811 Manatee Avenue West in Bradenton. This 6,500 square foot facility opened for business on Tuesday, September 6th, 2005 after relocating from our temporary facility off premises.

The third and most recent banking center opened in September 12, 2007, and is located at 15 South Palm Avenue in the heart of Downtown Sarasota. The Banking center is a 2,800 square-foot, full-service banking facility on the ground floor of the 1350 Main Building. Our goal is to grow our banking center network and have future expansion in both Manatee and Sarasota Counties.

The primary service areas for First America Bank will be Manatee and Sarasota Counties, located on the Central West Coast of Florida between Tampa and Naples. First America Bank offices will provide full service banking products with consumer and commercial lending offered at all banking center locations.

Both Manatee and Sarasota Counties attract large numbers of retirees due to the warm climate and mild winters, the accessibility of its beaches, relatively low cost of living, and overall quality of life and lifestyle that emphasize a family life. The area's 62 miles of beaches accommodate various forms of recreation. A large number of individuals and businesses have re-located to Manatee and Sarasota Counties in order take advantage of the area's attractiveness and close proximity to Tampa/St. Petersburg.

First America Bank will provide personalized, high quality banking to all of its customers and offers an excellent array of commercial and consumer banking services. Services offered include, but are not limited to, personal and business checking and savings accounts, (including Money Market accounts), certificates of deposit, credit cards, travelers checks, money orders, and loans (including commercial, consumer, and real estate), and will offer debit, credit and ATM cards.