Establishing offices in adjacent locations will allow us to more efficiently and effectively serve the financial needs of our growing client base
MIAMI (PRWEB) December 12, 2007
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 http://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 http://www.cpcapital.com.