John Wright, Sanibel Captiva Community Bank’s executive vice president, chief financial officer and chief operating officer, has been named Florida SouthWestern State College Foundation’s board chair. Wright joined the board in May 2021 and has served on the finance committee.
Wright joined the bank in 2020 after relocating to Southwest Florida from Baltimore, Maryland. Wright has over three decades of experience in the financial sector with domestic and international profit and loss management and oversight, including accounting, legal, operations, asset/liability, interest rate risk and credit/risk management, budget/sales forecasting, strategic planning and internal audits. Prior to joining the bank, he was part of a two-person executive management team that orchestrated a turnaround at two different troubled banks implementing proper accounting and operational best practices.
Wright also serves on the Lee County Horizon Council as a member at large for the public-private advisory group to the Lee County Board of Commissioners on economic development issues. Wright graduated from the University of Maryland with a Bachelor of Science degree in accounting and became a certified public accountant in 1990.
Since 1966, the FSW Foundation has opened access to quality higher education in the region. Managed by a voluntary board of directors of business and civic leaders from all five counties served by the college, its focus is to support FSW’s mission. As a partner in building a better community, the FSW Foundation promotes higher education with student scholarships, support of academic programs, technology enhancements, and new and improved facilities. For more information, call Dr. Geraldine Gallagher, foundation CEO and college vice president of institutional advancement, at 239-432-6789.
Seven of the bank’s eight branches are currently open. On Sanibel, the Periwinkle Branch, located at 1019 Periwinkle Way, has 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, CardValet, online bill pay, Zelle®, Positive Pay and ACH Manager. To learn more, visit www.SanCapBank.com.