Type Private Founded 2005 | Website stonegatebank.com | |
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Key people David Seleski (President & Chief Executive) Headquarters Pompano Beach, Florida, United States Stock price SGBK (NASDAQ) US$ 47.69 +1.59 (+3.45%)28 Mar, 10:12 AM GMT-4 - Disclaimer Subsidiaries Florida Shores Bancorp, Inc., Southwest Capital Bancshares, Inc., Regent Bancorp Inc, Insignia Bank | ||
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Stonegate Bank is an American bank headquartered in Pompano Beach, Florida.
Contents
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History
Stonegate Bank was established in 2005 by David Seleski. It has "21 banking offices in south and west Florida, mainly in Broward, Charlotte, Collier, Hillsborough, Lee, Miami-Dade, Palm Beach and Sarasota counties." By June 2015, it had "$2.27 billion in assets and $1.93 billion in deposits."
Activities in Cuba
Since 2015, it has been active in Cuba. It is the only US bank to be used by the Cuban government. For example, it is used to process Cuban visa fees. Meanwhile, the bank also signed a contract with Banco Internacional de Comercio to serve as its correspondent bank.
The bank has been criticized by Cuban-born Republican Congresswoman Ileana Ros-Lehtinen for its activities in Cuba.
References
Stonegate Bank Wikipedia(Text) CC BY-SA