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

MOUNT DORA, Fla. --- 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.