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July 30, 2015 1:38 PM ET

Banks

Company Overview of TotalBank

Company Overview

TotalBank operates as an integrated retail-commercial bank. Its personal banking services include checking and savings accounts, overdrafts, money market accounts and certificates of deposit (CDs), retirement accounts, residential mortgages, personal loans, credit cards, and online banking services. The company’s business banking services comprise checking and savings accounts, money market accounts and CDs, business loans, treasury management services, merchant services, credit cards, and other professional services. It also offers non-profit banking and financing, wealth management, and treasury management services; international banking services, including personal and business banking se...

2720 Coral Way

Miami, FL 33145

United States

Founded in 1974

Phone:

305-448-6500

Fax:

305-448-8201

Key Executives for TotalBank

Chief Executive Officer, President, Chief Marketing Officer and Director
Chief Financial Officer, Executive Vice President and Director
Chief Operating Officer, Executive Vice President and Director
Senior Vice President and Accounting Director
Senior Vice President and Information & Corporate Security Officer
Compensation as of Fiscal Year 2015.

TotalBank Key Developments

TotalBank Mulls Acquisitions

TotalBank is seeking acquisitions. Luis de la Aguilera, President and Chief Executive Officer of TotalBank said tha the bank wants to continue growing its residential lending and explore an acquisition. It has plenty of capital to make a significant purchase. "For the remainder of the year, we are focused on enhancing our efficiency, gaining scale and the continued exploration of strategic non-organic growth opportunities, " he added.

TotalBank Announces Management Changes

TotalBank announced that the Jorge Rossell has handed the CEO Job to Luis de la Aguilera but he will remain chairman. Rossell has been chairman and CEO since 2007 shortly after Spanish banking giant Banco Popular Espanol SA acquired the Miami-based bank. De la Aguilera joined TotalBank in 2000 as executive VP and has been president and chief marketing officer since 2009. He will remain the president and continue to oversee marketing and sales. The company also named Chief Credit Officer Benigno Pazos to its board of directors.

Gibraltar Private Bank Reportedly In Sale Talks

Gibraltar Private Bank & Trust Company is reportedly in sale talks. Gibraltar Private Bank was in merger talks with TotalBank, but they couldn't come to an agreement, according to multiple sources with knowledge of the situation.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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