San Cap Community Bank marks 20th anniversary

Sanibel Captiva Community Bank is celebrating 20 years of business in Lee County this year

It was founded and chartered on Sanibel in 2003 by former President and Chief Executive Officer Craig Albert as a locally owned and operated community bank, primarily serving residents and businesses of the islands It now has eight locations in Lee County, over 100 employees and nearly $750 million in total assets

In 2008, the bank added a residential lending division with two employees Today, the residential lending team makes up almost 25 percent of employees and has funded over $2 5 billion in loans A commercial lending department was added in 2016 and it has closed $500 million in loans to date

“All of us at SanCap Bank are excited about taking the bank into its third decade of service to this community we love so much,” President and Chief Executive Officer Kyle DeCicco said “We remain committed to serving our customers, shareholders and community with the same values and ethos Craig established for our financial institution 20 years ago ”

The bank considers its team members among its greatest assets, one that has grown 93% over the past seven years Its investment in employees has paid off as the bank has a low staff turnover of just over 2%. For five consecutive years, it experienced a savings under the federal tax law and subsequently rewarded employees with an additional bonus When bank shares become available, the board and executive management offer them to employees Over 60% of team members are current shareholders

The bank supports over 300 not-for-profit, local community causes from The Foundation for Lee County

Public Schools and Habitat for Humanity of Lee and Hendry Counties, to Valerie’s House and F I S H of Sanibel-Captiva through a combination of donations, pro bono work and volunteerism Since opening, it has contributed over $2 5 million to local causes Every board member is involved in charitable organizations, and over 65% of employees are nonprofit volunteers, logging in almost 1,000 hours annually

In response to the damage from Hurricane Ian, specifically on Sanibel and Captiva, the bank mobilized and began helping the islands recover and rebuild Staff provided over 1,500 free meals to residents, business owners and relief workers. The bank donated over $100,000 to 12 local organizations working the front lines, including F I S H , Fort Myers Beach Community Foundation, The Heights Foundation and Lee County schools foundation

“This bank has made giving back to the community a priority since day one,” Vice President and Director of Marketing Amy McQuagge said “We don’t just give financially but also invest our time In fact, almost 20% of our employees serve in leadership roles in various community organizations ”

In the last five years, the bank has received 15 local, regional and national recognitions, including the 2022 Large Business of the Year Award from the Greater Fort M y e r s C h a m b e r o f C o m m y Appreciation Award in the Business Resiliency and Innovation category from the Horizon Council, Sanibel and Captiva Islands Chamber of Commerce’s 2021

America National Community Bank Service Award and more

Community Bankers

The Tower Gallery on Sanibel cut the yellow ribbon on March 2 with the Sanibel &