Press Room

CenterState Bank Branch Brings Holiday Cheer to Underprivileged Children

DADE CITY, FL (December 2, 2011) – CenterState Bank announces its Dade City Bank branch will serve as a sponsor to the teenage children of Florida Baptist’s Children’s Home, an organization that serves abused, neglected and orphaned children since 1904.  The Bank will host its third annual Christmas party on December 13, 2011, in the Dade City branch lobby for the older children of the Florida Baptist Children’s Home and present them with donated gifts.

“There are approximately 35 orphans this year that would not be getting gifts for Christmas with out the help of CenterState Bank employees, customers, friends and family.” says Bonnie Krummen, branch manager, CenterState Bank Dade City branch. 

For more information on how to make a Christmas wish come true for an orphan in need this holiday season, please call CenterState Bank’s Dade City branch at 352.521.0715 to make a donation.

About CenterState Bank

CenterState Bank is a Florida-based community bank providing online banking, commercial lending, residential mortgages and investment services from 59 branches throughout the state.

For more information, please visit www.centerstatebank.com.

Media contact:
Erin Pagán, Patterson/Bach Communications
erin@pat-bach.com, 407.790.4442

CenterState Bank Pays YOU with Debit Card, Benefits of Switching to a Community Bank

ZEPHYRHILLS, FL (November 5, 2011) – CenterState Bank is committed to treating customers differently than big banks – instead of charging more fees, CenterState Bank will deposit $5 monthly into checking accounts of new customers with qualifying direct deposits – and the Bank offers more services than most credit unions, reminding consumers they have an option to choose a community bank as their banking partner.

“At CenterState Bank, we’re committed to showing Floridians they don’t just have two banking options,” says Andy Beindorf, community president, south region, CenterState Bank.  “A community bank is an excellent alternative, and CenterState offers competitive rates, low fees and high-touch, personal customer service.”

CenterState’s offerings don’t end there.  CenterState believes in its customers’ financial goals and offers free checking, competitive rates on loans, and fresh start checking for customers who need a second chance at rebuilding their finances, as well as wealth management and retirement planning services.  CenterState believes in small business owners’ success by offering online and mobile banking, treasury management and commercial lending services – loaning money to businesses today!  CenterState also believes in community and supports its footprint of communities around Florida with special rates and banking services for Community Heroes, a future leaders account for teens aged 15 and older and thousands of dollars annually used to support local causes and nonprofits from Little League to United Way.

About CenterState Bank

CenterState Bank is a Florida-based community bank providing online banking, commercial lending, residential mortgages and investment services from 59 branches throughout the state.

For more information, please visit www.CenterStateBank.com. 

Media contact:
Erin Pagán, Patterson/Bach Communications
erin@pat-bach.com, 407.790.4442 

CenterState Bank Vice President Named Dade City Chamber Member of the Year

ZEPHYRHILLS, FL (November 3, 2011) – CenterState Bank announces Greater Dade City Chamber of Commerce has honored Bonnie Krummen, Dade City branch vice president/banking center manager, with its award for Chamber Member of the Year.  The award is presented to a Chamber member who has high visibility at Chamber activities, contributes many hours working on Chamber projects and actively participates in Chamber functions during the year.

“Bonnie’s dedication to the community and the Chamber is unmatched,” says Skip Skairus, vice president/Pasco County area executive, CenterState Bank.  “This award is truly well deserved.”

Krummen was nominated by the Chamber’s Board of Directors for her outstanding work as Chamber treasurer; leadership and involvement in Membership and Business Development Committees; attendance at all ribbon cuttings, events and board meetings; and excellent representation of the Chamber by being a positive supporter of the Dade City community, people and local businesses.

About CenterState Bank

CenterState Bank is a Florida-based community bank providing online banking, commercial lending, residential mortgages and investment services from 59 branches throughout the state.

For more information, please visit www.CenterStateBank.com.

Media contact:
Erin Pagán, Patterson/Bach Communications
erin@pat-bach.com, 407.790.4442

 *Please see attached photo: Bonnie Krummen.jpg  (High-res version available upon request.)

 

CenterState Bank Vice President Honored With Prestigious Community Award

LEESBURG, FL (October 25, 2011) – CenterState Bank announces its Leesburg branch vice president/commercial loan officer, Steve Knowles, has been honored with receiving the 2010-2011 President’s Award presented by Leesburg Partnership.  This prestigious award is given annually to a person who exhibits the strongest commitment to his or her community.

“It is an honor to have Steve as part of our team,” says Ronnie Purdy, senior vice president, CenterState Bank.  “His commitment to the community where he lives and works exemplifies what being a community banker is all about.”

Knowles gives tireless effort to physical, economic and social revitalization of the Leesburg community.  He has been a Leesburg Partnership volunteer for five years, serving as membership chair, events block captain, cash operations volunteer, executive board member and most recently, board liaison to Leesburg’s Bikefest.  In addition, Knowles donates his time to the Leesburg community as vice president, Lake Sumter Community College Foundation; chairman, Foundation of Performing Arts Committee; ambassador, Leesburg Chamber of Commerce; finance committee chairman, Morrison United Methodist Church; treasurer, Leesburg Boat Club; and board member, Leesburg Quarterback Club.

CenterState Banks, Inc. Announces Agreement to Purchase Federal Trust

DAVENPORT, FL (May 23, 2011) - CenterState Banks, Inc. (NASDAQ: CSFL) announced that it has entered into a definitive agreement with The Hartford Financial Services Group, Inc. to purchase Federal Trust Corporation and subsequently merge Federal Trust Bank into its lead subsidiary bank, CenterState Bank of Florida. This transaction is expected to close by the end of the year pending regulatory approval. CenterState is well-positioned for these acquisitions as a result of its strong financial and capital position. With the closing of this transaction, CenterState will assume all of the deposits (approximately $230 million) and purchase selected performing loans (totaling approximately $170 million) and other assets of Federal Trust Bank. CenterState will not pay a premium to assume the deposits and will receive a 27% discount on selected performing loans. CenterState also has the option to put back any purchased loan for up to one year after closing that becomes 30 days past due or becomes adversely classified by applicable regulatory standards. Headquartered in Sanford, Florida with branches throughout Central Florida, Federal Trust Bank is strategically positioned along the I-4 and I-95 corridors in Central Florida. “Federal Trust Bank is a natural addition for CenterState. This addition continues our vision to build out the I-4 and I-95 corridors as well as our Central Florida footprint. With this acquisition, we add to our 52 other conveniently located offices in Central Florida,” said Ernie Pinner, Chairman, President, and CEO of CenterState Banks, Inc. Founded in 1988, Federal Trust Bank is one of the oldest financial institutions in Seminole County. “Federal Trust Bank has been a reliable source for banking customers in Central Florida for almost 25 years and we look forward to continuing that tradition. We are excited for the opportunity to partner with the employees of Federal Trust and we welcome all of Federal Trust’s customers,” said John Corbett, President and CEO of CenterState Bank of Florida. Over the past year, CenterState has acquired 3 FDIC assisted transactions headquartered in Clewiston, Bartow, and Ocala, Florida respectively. CenterState also purchased four branches from TD Bank in Putnam County, Florida in January of this year. Since the summer of 2009, CenterState has completed two successful stock offerings totaling approximately $120 million which has funded these recent acquisitions.