Coordinator funds

Climate First Bank (In Organization) Appoints Bay Area Residents to Board of Directors

Seasoned finance professionals Edmund O’Carroll and Brian Kruse to lead the bank’s climate-focused strategic growth as part of the inaugural leadership team

ST. PETERSBURG, Fla., March 02, 2021 (GLOBE NEWSWIRE) – Climate First Bank (in organization), a values-based community bank, today announced the additions of Edmund O’Carroll as Executive Vice President and Senior Lending Officer and Brian Kruse as Vice President, Branch Manager and Banker for small businesses.

O’Carroll is a seasoned professional and commercial banker with demonstrated success in executive management, sales management and operations. O’Carroll has led various leadership initiatives and held executive positions at several major banks, including Florida Bank, Fifth Third Bank, Gulf Shore Bank and Seacoast Bank. As Executive Vice President and Senior Lending Officer at Climate First Bank (I / O), O’Carroll will underwrite standard commercial and consumer loans, as well as specialty green loans and financing options.

“I have extensive experience in value-based finance and am grateful for the opportunity to make Climate First Bank (I / O) a leading industry leader,” said O’Carroll. , Tampa resident and founder of EROC Advisors, LLC. . “I have already started running and am excited to help move the Bay Area forward to a more sustainable future. “

When it opens in spring 2021, the bank’s operations will be overseen by financial services expert Kruse, a longtime St. Petersburg resident with more than 20 years of experience in the financial industry. In his new role as Vice President, Branch Manager and Banker for Small Businesses, he will lead Climate First Bank (I / O) to serve the community and the environment while meeting and exceeding all business development goals and income generation.

“I believe in Climate First Bank’s (I / O) mission to address and reverse climate issues. We have to work together to put the planet back where it needs to be, ”Kruse said. “I am especially excited to return to my community banking roots and to work hand in hand with the residents of St. Pete.”

“I am incredibly excited to be joined by Ed and Brian – not only are they passionate about our mission to change finance, but they are also proven professionals with world-class backgrounds,” said Ken LaRoe, Founder and CEO by Climate First. Bank (I / O). “I am happy to share that we have already raised over $ 23 million in signed commitments and look forward to seeing our success grow even further under their leadership.

Founded by seasoned banker Ken LaRoe, Climate First Bank (I / O) is the nation’s first environmentally conscious bank. Its mission is to support local communities and businesses while moving the needle to reverse the current climate crisis. The institution will encourage green infrastructure and promote sustainable business practices with an unrivaled solar lending program. In addition, de novo banking will provide traditional banking services through a seamless mobile and digital experience.

Responding to a growing demand for more socially responsible institutions, Climate First Bank (I / O) plans to expand its impact by opening additional locations in Tampa and St. Petersburg. The first location will be carbon neutral on the day it opens and each new branch will be modernized to the highest sustainability standards of LEED, Green Globes and Energy Star.

About Climate First Bank (I / O)
Climate First Bank (I / O) is a values-based community bank that will offer a full and comprehensive menu of simple and easy-to-use traditional banking products. These products will be enriched with modern technologies to meet the expectations of today’s consumers. In addition to offering standard banking services, the company will place special emphasis on non-governmental organizations (NGOs) and businesses committed to sustainability. Environmentally conscious customers will find dedicated loan options for solar photovoltaic (PV) energy, energy retrofits and infrastructure to help tackle the climate crisis.

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Media contact
Abigail Lacaillade
Public relations uproar for the Climate First Bank (I / O)
(407) 547-9700
[email protected]