NEWS RELEASE

Marine Bank & Trust has announced that Earl Morgan has joined the 18-year-old institution as vice president and manager of business banking. A 20-year veteran of the banking community in Vero Beach, Morgan has held positions at The Northern Trust Company and TD Wealth Management.

As vice president and manager of business banking, Morgan will manage the Bank’s delivery of commercial banking services efforts while leading the commercial lending team. Marine Bank provides commercial and commercial real estate loans to businesses, non-profit organizations, and professional practices. With Series 7 and 66 FINRA licensing, he can also assist clients with investment management and other related services.

“Marine Bank is fortunate to have secured someone with Earl’s exceptional talents,” said Bill Penney, president and CEO of the Bank. “He is not only a polished business banker with impeccable integrity, but he is an exceptional leader and mentor. With his extensive record of community involvement, Earl will fit right in with Team Marine as we are all committed to the success of our community and its businesses.”

About Marine Bank & Trust
Marine Bank & Trust was chartered in 1997 and has $170 million in assets with two branches in Vero Beach. It is the only community bank headquartered in Indian River County. The Bank is an active community supporter providing over $200,000 to more than 125 local non-profit organizations in the market over the last five years. For more information, visit the website at http://www.marinebankandtrust.com.