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Palm Grove Bancorp, Inc.
Palm Grove Bancorp, Inc., operating as Grove Bank & Trust, provides personal and business banking, international banking, and wealth management services. It serves individuals and corporate clients primarily in South Florida, offering deposit accounts, loans, trust advisory, and estate planning solutions.
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Palm Grove Bancorp, Inc. at a glance
Palm Grove Bancorp, Inc. is a banking & financial services company headquartered in United States. It has raised at least $7.7M across the 2 funding rounds on record. Its most recent funding round raised $7.5M in February 2022. Xcout tracks 15 named people at Palm Grove Bancorp, Inc., including Jose E. Cueto (President & Chief Executive Officer).
Palm Grove Bancorp, Inc. leadership
- Jose E. CuetoPresident & Chief Executive Officer
- Sonia Canessa-GonzalezExecutive Vice President, Chief Financial Officer
- Sheldon T. AndersonChairman of the Board
- Andrew YanezExecutive Vice President, Chief Lending Officer
- Edward J. JoyceExecutive Vice President, Director of Wealth Management
- Emma PacettiExecutive Vice President, Regional Market Director
9 more named people on record for Palm Grove Bancorp, Inc., with roles, board committees and tenure — see the full roster →
Palm Grove Bancorp, Inc. funding rounds
At least $7.7M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| SEC Form D filing | $7.5M | — | |
| SEC Form D filing | $250,000 | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Palm Grove Bancorp, Inc. competitors
A few of Palm Grove Bancorp, Inc.'s closest competitors — see the full list of competitors and alternatives →
Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States. The company offers checking, savings, business, and money market accounts; cash management services; and certificates of deposit. It also provides variable and fixed rate commercial real estate loans; owner-occupied; single-family residential; commercial; and Loans to financial institutions and acceptances, and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high net worth customers; brokerage and investment advisory services in global capital markets; retail banking; mortgage; and wealth management and fiduciary services. Further, the company provides debit and credit cards, night depositories, direct deposits, cashier’s checks, safe deposit boxes, letters of credit, wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines ATM, and banking by mobile devices, telephone, and mail. It also operates banking centers. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.
PlainsCapital Bank provides personal and business banking products and services, including checking and savings accounts, loans, mortgages, credit cards, and treasury management. It serves individual consumers, businesses, and specialized industries such as agriculture, healthcare, and real estate, offering additional wealth management and trust services.
Safra National Bank provides private banking, corporate banking, and customized financial solutions for high- and ultra-high-net-worth individuals, families, and businesses. Its services include deposit accounts, certificates of deposit, custody services, portfolio and lending solutions, as well as affiliated brokerage, investment advisory, and insurance products.
Arbor Bancorp, Inc. is a bank holding company headquartered in Ann Arbor, Michigan. Through its primary subsidiary, the Bank of Ann Arbor, the company offers commercial banking, wealth management, and community financial services.
Cullen/Frost Bankers, Inc. operates Frost Bank, providing personal, small business, and commercial banking services throughout Texas. The company offers checking and savings accounts, loans, mortgages, insurance, investments, treasury management, and trust services.
SMBC Trust Bank Ltd. is a Japan-based commercial and trust banking subsidiary of Sumitomo Mitsui Financial Group (SMBC Group). It serves individual and corporate customers with deposit accounts, foreign-currency and international banking services, lending, investment products, and wealth-management services, including services for expatriates and internationally oriented clients.
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More on Palm Grove Bancorp, Inc. in Xcout Intel
- 15 named people with titles, LinkedIn and board committees
- 2 funding rounds with the investors in each, and who they co-invest with
- The full competitor set, tracking, exports and API access