TIB Financial Corp. forms trust company

TIB Financial Corp. announced the formation of TIB Trust Company along with its proposed Board of Directors.

As a continuation of TIB's strategic initiative to deliver private banking, wealth management and trust services, the new trust company will be a subsidiary of TIB Financial Corp., joining bank affiliates, TIB Bank and Bank of Venice, and the recently acquired registered investment advisors, Naples Capital Advisors, Inc.

The proposed members of the TIB Trust Company board of directors include Thomas E. Fahey, CPA, Robert W. Goldman, ESQ., R. Walter Hale, III, Thomas J. Longe, Edward V. Lett and Michael H. Morris, CTFA.

With the addition of trust services, TIB will advance its ability to provide integrated wealth management solutions to its clients.

Trust powers are expected to be granted by the State of Florida Office of Financial Regulation by this summer.

TIB Financial Corp. is a leading independent community banking company serving the greater Naples-Fort Myers area, South Miami-Dade County, Sarasota County, Highlands County and the Florida Keys. Headquartered in Naples, TIB Financial Corp. is a growth-oriented financial services holding company with approximately $1.40 billion in total assets. TIB Financial Corp. is the parent company of TIB Bank, the Bank of Venice and Naples Capital Advisors.