Sanibel Captiva Community Bank has promoted Edwardo Castro to internal auditor. Castro will work in conjunction with the bank’s third-party internal auditors as well as perform independent audits to ensure the continued safety and soundness of the bank.
Castro joined the bank in 2019 as a deposit operations clerk. In 2020, he was an integral part of the team that administered the Small Business Administration Payroll Protection Program, resulting in the bank processing over 1,100 loans for over $109 million in PPP loans. During that time, he also assisted the bank’s IT department in facilitating employee remote work setups during the pandemic, as well as helping with various IT projects in preparation for the opening of the bank’s Bridge Branch in July 2020. In 2022, Castro moved to the credit department as a credit analyst responsible for gathering and analyzing loan applicants’ financial data.
Castro has nearly eight years of data analysis and record-keeping experience. Before joining the bank, he served as a data administrator and senior log and records manager for the United States Marine Corps in North Carolina and South Carolina. He is a Florida Gulf Coast University graduate with a degree in accounting and a master’s degree in accounting and taxation.
Founded in 2003, and celebrating its 20th anniversary, Sanibel Captiva Community Bank has seven open locations throughout Lee County. A visual timeline of Sanibel Captiva Community Bank’s 20-year history is available at cheersto20years.sancapbank.com.
On Sanibel, the Periwinkle Branch, located at 1019 Periwinkle Way, sustained considerable storm damage and is projected to reopen in early 2024. In Fort Myers, at the bank’s McGregor Branch, located at 15975 McGregor Blvd., staff is operating out of a temporary mobile banking unit due to major flood damage to the existing building.
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 www.SanCapBank.com.