Security Bank and CP Capital Celebrate Grand Opening of New Corporate
Offices, Launch of Wealth Management Division
Companies to Raise Funds During Grand Opening Event to Benefit
Local Ballet School for Financially Disadvantaged Children
MIAMI (Business Wire EON/PRWEB ) December 12, 2007 --
CP Capital Bancorp, the parent of Security Bank, N.A., a North
Lauderdale-based community bank and CP Capital Group, a Miami-based
group of integrated financial service companies, today announce the
opening of their new corporate offices at 2121 S.W. 3rd
Avenue in Miami. The building already houses Security Bank’s
Coral Way branch. Today’s opening also marks
the launch of the wealth management division of Security Bank.
The companies are collaborating in an effort to provide comprehensive
financial solutions to their local and international clients. CP Capital
Bancorp (formerly CP Capital Asset Acquisition, Inc.) acquired the
controlling interest in Security Bank in January 2007. Financing for the
acquisition was acquired through a $30,000,000 private placement by CP
Capital Securities.
“Establishing offices in adjacent locations
will allow us to more efficiently and effectively serve the financial
needs of our growing client base,” said Harold
L. Connell, chairman and CEO Security Bank, N.A. and CP Capital.
GRAND OPENING EVENT
The grand opening celebration of the new headquarters will take place
today, December 12, at 2121 SW 3rd Ave, Miami,
beginning at 6:00 p.m. with a ribbon cutting ceremony, immediately
followed by a cocktail reception. The function is expected to draw
numerous members of the South Florida and Latin American financial and
business communities.
As CP Capital and Security Bank open the doors to their new corporate
offices, they will also open doors for young artists to train at the
Thomas Armour Youth Ballet—home of the Miami
Conservatory and Miami’s oldest ballet school.
To that end, and in line with their commitment to community outreach,
both companies will be presenting a financial donation to the Thomas
Armour Youth Ballet and will also host a fundraising activity during
today’s event to benefit this philanthropic
organization. The mission of the Thomas Armour Youth Ballet is to
provide the opportunity for professional ballet training to talented,
but financially disadvantaged, children with the goal of diversifying
the world of classical ballet without regard to race, gender and
socio-economic status.
“Both CP Capital and Security Bank have
longstanding roots in the South Florida community, so we are pleased to
support this local organization that has truly changed the lives of so
many young artists,” said Floyd D. Harper,
President of Security Bank.
About Security Bank, N.A.
Security Bank has served the South Florida community since 1980 with
multiple branches in Miami-Dade, Broward and Palm Beach counties. As a
respected community bank, they offer a complete array of competitive
personal and business banking solutions designed to help grow your
money. With exceptional products and impeccable service, Security Bank
offers that small bank feeling combined with the resources to serve the
financial needs of their local and international customers. For more
information, visit www.sbna.com
About CP Capital Group
CP Capital Group is a privately held, wholly owned group of integrated
financial services companies serving institutional and individual
clients worldwide. The firm's offerings span from trading in stocks,
bonds, and mutual funds to corporate finance, mortgage financing and
real estate. CP Capital Group consists of four distinct companies: CP
Capital Securities, Inc.; CP Capital Advisors, LLC; CP Capital Realty,
Inc.; and CP Capital Mortgage, Inc. Securities products and services
offered through CP Capital Securities, member FINRA/SIPC. For more
information, visit www.cpcapital.com.
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