First Bank of the Palm Beaches recently announced that it has provided a $2.5 million term loan to Sunnyland Stables LLC for the purchase of an owner-occupied equestrian property on Sunnyland Lane in Wellington.
“First Bank of the Palm Beaches is proud to support the residents and businesses in Wellington,” said Jay Shearouse, chairman and CEO of First Bank. “It’s exciting to be a part of the growth of Wellington’s equestrian industry, and it demonstrates our ability to be an integral part of the community.”
First Bank of the Palm Beaches was founded in 2006 by a group of community business leaders as a customer-focused banking option. With more than $185 million in assets, the bank’s strength is its understanding of the local economy, connections to community leaders and drive to build personal relationships while maintaining state-of-the-art online banking and technology.
The bank opened a branch in the Wellington community last year. For more information, visit www.firstbankpb.bank.
