Island bank passes off savings to employees
For a second consecutive year, Sanibel Captiva Community Bank experienced a savings under the federal tax law and subsequently, the board of directors decided to reward the bank’s employees with a bonus to show appreciation for their dedication, hard work and contributions to the bank’s success.
“The foundation of the bank is our people,” President/Chief Executive Officer Craig Albert said. “We pride ourselves on building relationships with not only our customers, but with our employees as well. The relationships we have with one another are a large part of why we’ve experienced such success over the past 16 years. We always try to take advantage of opportunities to reward them.”
All employees, except for the executive management team, were included in the bonus and amounts were based on individual employees’ length of service.
Sanibel Captiva Community Bank actively engages with employees to ensure they provide a happy, healthy workplace. As a result, the bank experiences very low employee turnover and has an engaged team of people. Of 100 employees at seven locations, nearly 60 percent of employees have been with the bank for five years or more. Eight employees have been with the bank since it started in 2003.