Sanibel Captiva Community Bank is pleased to announce the purchase of gulf-side land located at 2670 and 2680 Estero Blvd. on Fort Myers Beach for the development of its newest branch. This purchase marks a significant milestone in the bank’s growth plan and strategically positions the bank to meet the growing need for banking services on Fort Myers Beach. Sanibel Captiva Community Bank’s new branch will be the only bank located on Fort Myers Beach in years.

Renowned local architect Joyce Owens is designing the building that will sit on 0.34 acres of commercial-zoned property on Estero Boulevard. The new branch will feature a fully staffed, state-of-the-art banking facility and will include onsite lenders, drive-thru services, ATMs and conference space.

The bank has already begun planning with the Town of Fort Myers Beach in anticipation of beginning the project as quickly as possible. Construction of the new branch is expected to begin in early 2025 with an anticipated opening in 2026.

“Our board has always had an interest in supporting Fort Myers Beach. The timing and opportunity aligned perfectly for us to expand to Fort Myers Beach,” said Kyle DeCicco, president and CEO of Sanibel Captiva Community Bank. “Opening this new office is more than just an expansion for us – it is a powerful symbol of resilience and renewal. By establishing our physical presence here, we are bringing vital banking services closer to the people of Fort Myers Beach, and also reaffirming our commitment to supporting the rebuilding and future prosperity of this vibrant community.”

A Fort Myers Beach location was unanimously approved by the bank’s board of directors in recognition of the need for banking services on the island. The bank has had long-term relationships with numerous individuals and businesses on the island throughout its 21-year history.

“The Fort Myers Beach Chamber is incredibly excited to welcome Sanibel Captiva Community Bank to Fort Myers Beach,” said Jacki Liszak, president and CEO of the Fort Myers Beach Chamber of Commerce. “Through the years, Sanibel Captiva Community Bank has been a financial lifeline to countless island residents and businesses. The fact that they are investing in the future of Fort Myers Beach by establishing a full-service presence here shows how committed they are to helping us rebuild our island community.”

Sanibel Captiva Community Bank was represented by LQ Commercial Real Estate Services for the purchase.

“It has been a pleasure representing Sanibel Captiva Community Bank in the acquisition of their newest planned branch location on Fort Myers Beach,” said Michael Price, land division manager at LQ Commercial Real Estate Services. “We are excited to see this project come to fruition for the bank and Fort Myers Beach. The team at SanCap Bank provides an unmatched level of service to its clients and invests its time and energy into making the Southwest Florida community a better place for us all to live.”

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 in October. 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.

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.