For the seventh consecutive year, Sanibel Captiva Community Bank’s board of directors and executive management rewarded bank employees with a mid-year bonus from the bank’s savings under the federal tax law. The bonus is an acknowledgment of team members’ commitment and dedication to the bank. All employees, except for the executive management team, were eligible and included in the bonus.
“Our employees are the heart and soul of SanCap Bank. Their dedication and hard work are the driving force behind our success,” said Kyle DeCicco, president and CEO of Sanibel Captiva Community Bank. “Providing a mid-year bonus is our way of recognizing and rewarding their efforts. By investing in our team, we are investing in the future of our bank and the community we serve.”
Among all employees at the bank’s eight Lee County branches, the average tenure is seven years. Nearly 60% of employees have been with the bank for five or more years; 22% have been employed at the bank for 10 or more years; and seven employees have been with the bank since it opened in 2003.
Sanibel Captiva Community Bank’s workforce environment is built on key pillars, including effective communication, recognition and rewards, opportunities for growth, respect for work-life harmony and a supportive and inclusive culture. The bank continually strives to create a place where employees are engaged, enthusiastic and motivated to positively impact the workplace culture. The bank encourages and supports employees’ pursuit of professional and personal development, offers career opportunities within the bank, and provides generous health benefits and paid personal time off, all contributing to a historically low employee turnover. Additionally, the bank provides a 100% 401(k) match (up to 6%) to eligible employees. When bank shares become available, the board of directors and executive management offer those shares to employees. As a result, over 60% of employees are current shareholders.
In June, Gulfshore Business named the bank one of the “Best Places to Work in Southwest Florida” for a second consecutive year. The bank was chosen as one of 22 Southwest Florida company honorees after an assessment and selection process conducted by Best Companies Group, an independent research firm that specializes in identifying and recognizing great places to work.
The bank has been named the Best Place to Work in the News-Press’ Best of the Best Fort Myers Community Choice Awards in 2021, 2022, 2023 and is a top finalist for this year’s awards.
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, with $900 million in total assets, 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.
