Tuesday, April 23, 2013

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.


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