First Green Bank Reports Assets Valued at $225 million in March; offering tops $5 million

Kenneth LaRoe

MOUNT DORA, FL  --- First Green Bank, based in Lake County, reported its bank assets total more than $225 million as of March 31, 2013.

Kenneth LaRoe, chairman of First Green Bank, said First Green Bancorp’s first stock offering has raised more than $5 million so far and he expects to reach the $10 million mark before the offering closes June 30.

First Green Bank marked the official opening of its downtown Orlando branch with a cocktail reception on Thursday, April 11. The bank, which opened in February 17, 2009, now has branch facilities in Clermont, Ormond Beach, and downtown Orlando.

The bank’s award-winning LEED certified headquarters facility on U.S. 441 in Mount Dora helped rank First Green Bank as one of America’s greenest banks, according to the American Bankers Association.

Contacts:  

Kenneth E. LaRoe, CEO and Chairman, First GREEN Bank, 352-483-9100, ken@firstgreenbank.com

Paul Rountree, President, First GREEN Bank, 352-483-9100, paul@firstgreenbank.com

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 or 407-461-3780, lvershelco@aol.com