Sanibel Captiva Community Bank is pleased to announce the promotion of Kyle DeCicco to executive vice president. DeCicco has been part of the executive management team since January 2020 and this promotion is further recognition of his exceptional leadership and strong commitment to the bank. He will continue to lead the bank’s lending programs, as well as focus on the bank’s strategic priorities.
An instrumental part of the leadership team, DeCicco leads the bank’s efforts in administering the Small Business Administration Paycheck Protection Program. Under his direction, the bank has successfully secured over 800 loans totaling nearly $100 million, helping to save thousands of Southwest Florida jobs in the wake of the COVID-19 crisis.
DeCicco joined the bank in 2016 as vice president and commercial loan officer, focusing on commercial real estate lending and relationship development with local businesses and investors. With over a decade of banking experience, he has worked in commercial real estate and lending, credit analysis, portfolio management of performing and nonperforming loans, and management of FDIC insured loss-share assets. His efforts have resulted in the bank closing nearly $170 million in commercial loans in six years, the majority of which support local individuals and businesses seeking to launch a business, grow operations or purchase real estate.
He is a recent graduate of the Florida Bankers Association – Florida School of Banking and also holds a bachelor’s degree in business administration from Florida Atlantic University. With the bank’s continued support, DeCicco is currently enrolled in the American Bankers Association Stonier Graduate School of Banking at the Wharton School of the University of Pennsylvania.
As a Southwest Florida native, he is committed to supporting community organizations by serving as a board member of The Foundation for Lee County Public Schools and a member of the foundation’s Grant Selection Committee. He is also a Captain-level Keel Club member of the United Way of Lee, Hendry, Glades and Okeechobee Counties, among other volunteer efforts.
Founded in 2003, Sanibel Captiva Community Bank has two locations on Sanibel Island and six more locations throughout Lee County. 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 $700 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 40% 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, CardValet, online bill pay, Zelle®, Positive Pay and ACH Manager. To learn more, visit www.SanCapBank.com.
-30-
Contacts:
Jennifer Hamilton, Gravina, Smith, Matte & Arnold Marketing and Public Relations, 239-275-5758, [email protected]
Amy McQuagge, Sanibel Captiva Community Bank, 239-274-6273, [email protected]
