First Green Bank completes Stock Offering with $7.8 million in stock sales

MOUNT DORA, Fla. --- First Green Bank recently ended its first stock offering and reported stock sales of $7.8 million. Kenneth M. LaRoe, chairman of First Green Bank, said the stock offering was an enormous success and a very significant capital raise in this economic environment. "We have a sound story to tell and a record of performance that points to a bright future for the First Green Bank brand,” LaRoe said. “We think our solid business model and pragmatic approach to community-building is what banking is supposed to be, and we are delighted that so many investors agree with us,” LaRoe said.