First Green Bank Celebrates 4th Anniversary in February, Bank Ends 2012 with 25 Percent Increase in Assets and Loan Volume

Mount Dora, Fla. – First Green Bank celebrates its 4th Anniversary in February, and they have even more to celebrate with its 2012 record of 25 percent increase in assets and 25 percent increase in loan volume. That’s the word from Kenneth LaRoe, chairman and CEO of First Green Bank headquartered in Mount Dora, with branches in Clermont, Ormond Beach, downtown Orlando and soon in Winter Park. “We recently found a Winter Park site and we will be there by the end of this year,” LaRoe said. “All in all it has been a profitable year for us,” LaRoe emphasized. First Green Bank’s assets for the year reached just over $200 million and loan volume was $151 million. “Not bad for less than four years in operation,” LaRoe commented.