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Sarasota bank acquired in nearly $60 million deal | Business Observer

Sarasota bank acquired in nearly $60 million deal | Business Observer
businessobserverfl.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessobserverfl.com Daily Mail and Mail on Sunday newspapers.

A Sarasota couple s dream made reality, with help from community banks

Raymond Peper and Richard Day sold their Key West property, packed up their belongs, stacked the patio furniture on top of a Caprice station wagon and headed to Sarasota more than 20 years ago to chase a dream. The couple had done their due diligence on demographics and expected off-season population. They had a decent amount of capital from selling a condo and a house. And they had a quarter-inch scale model – with paper-towel palm trees – of what would become the John Carl Spa and Salon at 1345 Second St. But first, they would have to find a bank willing to loan two men – one in his 60s, the other in his mid-50s – the money to build their dream.

Sarasota Pride Month events to be held by Project Pride

Seaside Bank beefs up Sarasota team, BB/BS hires volunteer recruiter

Sarasota Herald-Tribune Seaside Bank and Trust has hired five veteran bankers to strengthen its team in the Sarasota area. Joining in various roles across several departments, these new additions will be instrumental in helping the bank continue to support clients with customized banking solutions to help meet their financial goals. Chad Campbell will lead the team as president, Gulf Coast Market and Middle Market Banking Florida. Joining him are Jodi Allen, Susan Bowden, June Denton and Alan Spence. Campbell previously served as the Florida Market Executive for Commercial Banking for another bank, where he worked with the rest of the team. Throughout his career, Campbell has developed and led sales effectiveness strategies, managed a credit department and coached commercial banking teams to multiple No. 1 regional performance rankings.

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