Rick Kuci Elected to FBA Board of Directors

5/21/17

Rick Kuci

Rick Kuci, President and CEO of Grove Bank & Trust was named to the Board of Directors of the Florida Bankers Association (FBA). Board members represent banks of all sizes and types—from small community banks to large national banks—that operate throughout the state. Each director is elected to a two-year term.

The transition to the new board will take place during FBA’s annual meeting, which will be held in June.

“The FBA Board of Directors plays a critical role in the operation of the association and in representing the association to elected officials, regulators and policy-makers,” said FBA President and CEO Alex Sanchez. “We are honored to have such qualified and committed board members.”

The FBA Board of Directors is responsible for setting policy and overseeing the general operation of the Association. FBA board members are required to:

- Attend quarterly board meetings and significant FBA functions;

- Assist in the Chairman’s Nominating Committee when appropriate;

- Take part in Washington, D.C. Fly-ins to meet with congressional leaders and federal regulators;

- Respond to FBA Calls to Action;

- Help sustain the Florida BankPac and the Florida Bankers Educational Foundation;

- Support the FBA Trust & Wealth Management Division and educational programs;

- Consider BancServ Endorsed Partners when making product selections for the institutions they represent.

Bankers are nominated by their peers to serve on the board and are selected based upon their service to the FBA, community involvement and geographic region. Seats on the board are available in staggered terms.

“I am pleased to represent Grove Bank & Trust and serve on the FBA board,” said Kuci. “I know I’m speaking for myself and the other board members when I say it is an honor to serve on the FBA board and give back to the banking industry in this way.”

The Florida Bankers Association (FBA) is the voice of Florida’s banking industry, which is composed of small, regional and large financial institutions that together employ tens of thousands of Floridians, safeguard more than $500 billion in deposits and extend more than $135 billion in loans. Established in 1888, the FBA is one of Florida’s oldest trade associations; its members hold more than 90 percent of the state’s deposits.

Grove Bank & Trust was founded on July 12, 1926 and is the longest-running bank in Miami-Dade County. Grove Bank & Trust provides boutique banking, commercial and wealth management services to individuals, families, businesses, endowments and foundations. Grove Bank & Trust has five offices in Miami-Dade County including: Aventura, Coconut Grove, Coral Gables, Palmetto Bay, and South Miami. For more information, contact Grove Bank & Trust’s corporate headquarters at 2701 South Bayshore Drive, Miami, Florida 33133 by telephone at 305.858.6666 or visit our website at www.grovebankandtrust.com.

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