Florida Trend
Get FREE Business News Updates

NAVIGATION

February 6, 2016

Industry Outlook 2005

Finance / Insurance

Mike Vogel | 1/1/2005

BANKING: Looking Good

As long as any interest rate increases are gradual and small, bankers will have a good year. Ocean Bank CEO José Concepci?n expects 8% to 10% growth and to expand in Palm Beach, Broward and Miami-Dade. Riverside National Bank President Vernon Smith, his Fort Pierce office devoid of carpet and ceiling tiles thanks to hurricanes, says, "Frankly, I think the economy is going to be fine." Bankers will be watching for how regulators implement the federal Bank Secrecy Act, says Alex Sanchez, CEO of the Florida Bankers Association.

2005 Forecast: Ramiro Ortiz, president and COO of BankUnited, Florida's largest independent, says 2005 will be "a very strong year. In terms of growth, good, good things. The caveat here is rates. A sudden rapid uptick will hurt everybody."

Tags: Around Florida, Banking & Finance, Business Services

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Table Talk - Secrets of a good winelist
Table Talk - Secrets of a good winelist

Chris Sherman, restaurant editor at Florida Trend, details the features that make a winelist great. This video is first in a series -- see more installments every Friday through February.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Your Super Bowl 50 pick -

  • Carolina Panthers
  • Denver Broncos
  • The Commercials
  • None of the above: Just an excuse to party!
  • Psh... Couldn't care less...

See Results

Ballot Box
Subscribe