Great Florida Bank (NASDAQ - GFLB), headquartered in Coral Gables, Florida was established on June 30, 2004 as a state-charted commercial bank. The Bank listed on the NASDAQ Global Market on December 5, 2007 and joined the prestigious American Bankers Association Community Bank Index in June 2008.
Great Florida Bank surpassed $1 billion in assets after only 18 months in operation which, at the time made it one of the fastest growing de novo institutions in the country. On September 30, 2008, total assets were $1.7 billion, Tier 1 Capital was $156 million, and the Tier 1 Leverage ratio was 8.9% -- 79% above the federal regulatory definition of a "Well Capitalized Bank". The Bank operates twenty-eight (28) Solution Centers located throughout Miami-Dade, Broward and Palm Beach Counties.
Great Florida Bank is committed to providing ideas and solutions to meet its customers’ personal and business financial needs by conveniently delivering personalized, state-of-the-art products and services in a relaxed environment including GFB Mobile Banking for individual consumers and cash management clients and GFB Remote Deposit. The company believes in connecting to people, to the communities we serve, to organizations and to ideals.
Beyond our balance sheet strength, our most important performance benchmarks are client satisfaction, associate excellence, positive workplace environment, exceptional corporate governance and progressive community involvement. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC).
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