Sanibel Captiva Community Bank has opened its second Sanibel location on the east end of the island at 1019 Periwinkle Way. Located two buildings down from its former branch at 1037 Periwinkle Way, the bank purchased the John R. Wood building in 2021 for a larger second island location.
In September 2022, construction was completed on the building but then sustained considerable damage during Hurricane Ian. The property had to undergo complete reconstruction after the storm. Since September 2023, the current occupant John R. Wood Properties has been operating out of part of the 5,200-square-foot building. The bank is also leasing office space to Coastal Title Services of Southwest Florida, which will occupy 850 square feet in the rear of the building.
Benchmark Construction renovated the new location, which features a drive-thru, electric car charging station, safety deposit boxes, a small conference room with video conferencing capabilities. The new location will eventually include a drive-up ATM.
“We are so excited to finally have our new east end location on Sanibel open. Our customers have come to depend on that location over the years as they travel off and on the island,” said Kyle DeCicco, Sanibel Captiva Community Bank president and CEO. “All of us, especially our 1019 Periwinkle Way staff, are excited to get back into a new and improved office, regain some more normalcy and offer our customers a second, convenient location on the island.”
Founded in 2003, Sanibel Captiva Community Bank has eight locations open throughout Lee County. In Fort Myers, at the bank’s McGregor Branch, located at 15975 McGregor Blvd., the staff is operating out of a temporary mobile banking unit due to major flood damage to the existing building. Construction on the new building is underway and is expected to be completed in 2025. A ninth branch is planned on Fort Myers Beach, expected to open in 2026.
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 and generates one of the highest returns on equity of all Florida banks. The bank employs more than 120 employees, and more than 60% are current shareholders. Since 2003, the bank has contributed well over $4.5 million to over 400 local, charitable causes and employees volunteer close to 1,000 hours annually.
Sanibel Captiva Community Bank’s team members provide customized individual and business banking services and specialize in residential and commercial lending. The bank offers personal and business checking, residential and commercial lending services, 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 sancapbank.com.
