Sanibel Captiva Community Bank has started rebuilding its McGregor Branch, located at 15975 McGregor Blvd. The building experienced considerable flood damage from Hurricane Ian and required major reconstruction. Since the storm, the bank’s McGregor team has been operating out of a fully functional mobile banking trailer on-site.

Demolition of the damaged building is complete and construction of the new building is expected to begin in August. Extreme Painting and Contracting will construct the new facility, designed by Moore & Spence Architects and Island Interiors of Sanibel. It will feature a coastal contemporary design along with a two-lane drive-thru, drive-up ATM, solar panels, safety deposit boxes and a community room with video conferencing capabilities. The community room will be available to customers and community organizations to use at no cost during business and after hours.

“We’re thrilled to commence on the rebuild of our McGregor Branch that was devastated by Hurricane Ian. This project has been a long time coming, and we appreciate the patience and support of our employees and customers,” said Jonathan Ruiz, Sanibel Captiva Community Bank senior vice president and director of IT and facilities operations. “We look forward to welcoming everyone back to a new and improved location that will serve our customers even better than before.”

Founded in 2003, Sanibel Captiva Community Bank has seven locations open throughout Lee County. On Sanibel, the Periwinkle Branch, located at 1019 Periwinkle Way, sustained considerable storm damage and is projected to reopen later this year.

The bank is nationally ranked in the top 2% best-performing community banks by S&P Global Market Intelligence out of more than 4,400 banks with assets under $1 billion. It is well-capitalized, with more than $729 million in total assets, and generates one of the highest returns on equity of all Florida banks. The bank employs more than 100 employees, and more than 60% are current shareholders.

Sanibel Captiva Community Bank’s team members provide customized individual and business banking services and specialize in residential and commercial lending. The bank offers free personal and business checking, deposit accounts with competitive interest rates, instant issue debit cards and a full array of digital banking products and services, including mobile banking apps, CardHub, online bill pay, Zelle®, Positive Pay and ACH Manager. To learn more, visit