Ocean's Bank Begins 40th Year of Serving Miami

Begins Th Year of Serving Miami

From start-up to $5 billion in assets

Ocean Bank is synonymous with the development of Miami over the past four decades. The bank that started with a handful of employees in a double-wide trailer at a vacant lot in December 1982 has fueled the growth of Miami-Dade County.

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“It was the perfect storm. Hispanic-American investors getting together with Cuban-American bankers and Ocean Bank today has 22 branches and more than $5 billion in assets and is the largest independent, statederetrahc m laicremoc knab deretrauqdaeh ni .adirolF

ot laicremoc m dna lairtsudni snaol dna liater .gniknab But throughout its growth and modernization, the bank has maintained its essential values.

“We worked hand-in-hand with our customers to help

When COVID hit, we emphasized the safety of our employees and customers through remote work and digital banking, Macedo said.

A. Alfonso Macedo

women, regardless of their background, said Agostinho Alfonso Macedo, chairman, president and CEO of Ocean Bank.

“They took into account the character and integrity of customers. They went beyond the nuts and bolts of

development of Miami. ”

Ocean Bank followed its customers, opening the second branch on Bird Road, then Hialeah, Coral Way and Brickell Avenue. “The personal relationships with customers are r ylemetxe ” ,tnatromi p eh .dias yenoM“ si a .ytidommoc Service, knowing your customer, appreciating their business, longevity – these are integral to client relations and the success of a bank. ”

Two of Ocean Bank’s original employees are still with the bank. Macedo is only the third president in the bank’s history.

“We have committed shareholders. We have a

customers. Many have been with the bank for decades, and we look forward to serving them for decades to come.”

WESTON BRANCH

Susana Sangiovanni

Vice President & Branch Manager 2300 Weston Road Weston, FL 33326 (954) 384-2944 ssangiovanni@oceanbank.com FT. LAUDERDALE BRANCH

Ryan Welsh

Vice President & Branch Manager 200 N.E. 3rd Ave. Fort Lauderdale, FL 33301 (954) 519-0460 rwelsh@oceanbank.com 22 BRANCH LOCATIONS