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April 01, 2015 2:03 PM ET


Company Overview of Mercantil Commercebank, N.A.

Company Overview

Mercantil Commercebank, N.A., together with its subsidiaries, provides various banking services to individual, commercial, corporate, and private banking customers in the United States. It deposit products include checking and savings accounts, certificates of deposit, and IRAs. The company’s loan portfolio comprises personal loans, residential mortgages, real estate and asset based lending, term loans, seasonal financing, lines of credit, commercial mortgage loans, working capital loans, revolving credit facilities, structured finance, cash flow loans, syndicated loans, supply chain financing, discounting of receivables/factoring, trade finance, commodity finance, and commercial real estate...

220 Alhambra Circle

Coral Gables, FL 33134

United States

Founded in 1979

806 Employees





Key Executives for Mercantil Commercebank, N.A.

Vice Chairman, Chief Executive Officer and Member of Board Risk Committee
President, Chief Operating Officer and Director
Global Chief Financial Officer
Executive Vice President
Senior Vice President and Miami-Dade Regional Manager
Compensation as of Fiscal Year 2014.

Mercantil Commercebank, N.A. Key Developments

Philip Ugalde Joins Mercantil Commercebank as Vice President, Middle Market Loan Officer

Philip Ugalde has joined Mercantil Commercebank as vice president, middle market loan officer.

Mercantil Commercebank, N.A. Appoints Jorge Trabanco as Chief Financial Officer

Mercantil Commercebank NA has named Jorge Trabanco CFO. Trabanco, who was previously the bank's financial reporting manager, was appointed to the post following former CFO Alberto Peraza's promotion to president and COO.

Mercantil Commercebank Names Alberto Peraza as President and Chief Operating Officer

Mercantil Commercebank announced that its board of directors has named Alberto (Al) Peraza as president and chief operating officer. Peraza will also join the bank's board. Millar Wilson, who has been president and CEO of Coral Gables-based Mercantil Commercebank since 2009, will now serve as vice chairman and CEO. In his new role, Wilson will continue to lead the bank's strategic vision for growth and expansion in the U.S., the bank said Peraza's new role will include responsibility for implementing the bank's corporate strategies, managing the business units, and establishing performance and production targets. Previously, he served as the bank's chief financial officer since 1995.

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