Sanibel Captiva Community Bank has promoted Edwardo Castro to assistant vice president and assistant controller. In his new role, Castro will assist with overseeing the bank’s financial reporting, accounting operations and internal controls while supporting the bank’s continued growth and financial strength.
Castro, who recently passed all four exams to earn his Certified Public Accountant designation, 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 more than 1,100 loans totaling over $109 million. He also assisted the IT department in facilitating employee remote work setups during the pandemic and supported IT projects for the opening of the bank’s Bridge Branch.
In 2022, Castro transitioned to the credit department as a credit analyst, where he was responsible for gathering and analyzing financial data for loan applicants. He was later promoted to internal auditor, working closely with the bank’s third-party internal auditors and performing independent audits to ensure the continued safety and soundness of the bank.
Castro has nearly 10 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 earned both a bachelor’s degree in accounting and a master’s degree in accounting and taxation from Florida Gulf Coast University.
Founded in 2003, Sanibel Captiva Community Bank has nine locations open throughout Lee County. In Fort Myers, the bank’s McGregor Branch, located at 15975 McGregor Blvd., has temporarily closed to allow for final construction on a new permanent building expected to open later this summer. On Fort Myers Beach, the bank is operating a temporary office open on Wednesdays, 9 a.m. to 3 p.m., while its permanent full-service branch is under development.
Sanibel Captiva Community Bank is nationally ranked as a top performing community bank by S&P Global Market Intelligence and is consistently rated a 4- to 5-star institution by Bauer Financial, a trusted independent bank rating firm. With more than $1 billion in total assets, the bank 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, Card Hub, online bill pay, Zelle®, Positive Pay and ACH Manager. To learn more, visit sancapbank.com.