Professional Bank Joins Lenders in Refusing Trump’s Business
Donald Trump outside the White House before boarding Marine One in Washington, D.C. on Jan. 12.
Photographer: Samuel Corum/BloombergThis article is for subscribers only.
Professional Holding Corp. said it would no longer provide banking services to U.S. President Donald Trump’s company, as it joins lenders distancing themselves from him after last week’s assault on the U.S. Capitol.
“Professional Bank has decided not to engage in any further business with the Trump Organization and its affiliates, and will be winding down the relationship effective immediately,” Eric Kalis, a spokesman for the Coral Gables, Florida-based company, said in an emailed statement. Kalis provided no details on the scope of Trump’s dealings with the bank.