Marine Bank & Trust has announced that longtime area resident and career lender Bill Casey has been hired to head the Bank’s new strategic business line, MB Funding.
As a lender specializing in commercial real estate loans, construction loans, government-backed small business administration (SBA) and USDA loans, condo and homeowner association loans, and commercial lines of credit, Marine Bank has launched MB Funding, a loan brokerage service, to help those businesses whose loan applications were not approved for a conventional bank loan.
“By leveraging our access to hundreds of lenders we know locally and throughout the country, Marine Bank will be able to serve our local businesses who need capital to grow and succeed,” said Bill Penney, President and CEO of Marine Bank & Trust. “Bill Casey has been a local community banker for nearly 30 years. His commitment to assisting local businesses hear those wonderful words ‘you’re approved!’ make him a perfect fit for Marine Bank and our new venture.”
In addition to providing businesses with access to alternative financing options, Casey will also be growing the Bank’s expansion into new markets by managing the Bank’s new loan production office at 240 NW Peacock Boulevard, Unit #303 in Port St. Lucie which is expected to open before 2020.
Casey began his banking career in 1989 at Barnett Bank of St. Lucie County followed by stints at Harbor Federal, First Bank of Indiantown, Harbor Community Bank and other community banks. Prior to joining Marine Bank, Casey opened his own financing company with the goal of helping businesses obtain funding for their specific needs.
Casey was born in New York City and has lived in St. Lucie County since 1970. He attended Indian River Community College and graduated from Florida State University. He is a four-year veteran of the U.S. Air Force and is currently active in the Fort Pierce Rotary Club, Elks Lodge, and Treasure Coast Seminoles Club. He is married to Fort Pierce native Beth Casey and they have four daughters.
About Marine Bank & Trust
Marine Bank, was chartered in 1997 and has $278 million in assets with four full-service branches in Vero Beach, Sebastian and Melbourne.
As the only community bank headquartered in Indian River County, the Bank’s growth ties into the national trend of customers choosing to bank local. Marine Bank has earned the coveted 5-star Superior rating from Bauer Financial, the nation’s premier bank rating firm.
In 2018 and 2019, Marine Bank & Trust was named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking and received the Institute’s Banky Award for its commitment to strong community banking.
The Bank is an active community supporter providing over $200,000 to more than 125 local non-profit organizations in the market over the last five years.
For more information, visit the website at www.marinebank.bank.
