News Release

For immediate release

Contact: Cheryl Angelotti, Marketing Assistant
941-329-1523
cangelotti@insigniabank.com

INSIGNIA BANK BOARD MEMBER, MICHAEL R. PENDER, JR. NAMED FICPA PRESIDENT

Sarasota, Fla.September 15, 2010—Insignia Bank Board Member, Michael R. Pender, Jr. became the new president of the Florida Institute of CPA’s on July 1st, 2010.

“Becoming president of the FICPA is a tremendous honor,” Pender said. “I have always tried to be a good listener and build consensus. I feel a good president should lead by example, hopefully encouraging the best leadership skills in others to create a cohesive team that will work toward common goals.”

“Insignia Bank is proud to have a Board member such as Mike Pender make up part of our team.” said Charles G. Brown III, Chairman and CEO of Insignia Bank. “Insignia Bank’s entire Board of Directors is some of the most experienced in banking in all of Florida with many members having served on the boards of former successful local area community banks.”

Insignia Bank’s downtown office is located at 333 North Orange Avenue at the corner of Fruitville Road and North Orange Avenue in Sarasota, FL. Insignia has two branch offices located at 6145 Exchange Way in Lakewood Ranch and 5850 Fruitville Road, Sarasota, FL. Its primary lines of business include consumer and commercial deposit services, commercial real estate lending, residential and commercial mortgages, and investment services. www.insigniabank.com

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