Ocean Bank will reopen its Orlando Branch on Friday, October 11th.
Our thoughts are with those affected by Hurricane Milton.
Online banking and mobile banking continue to be available. To find the nearest ATM free of charge, click here.

In observance of Veterans Day, we will be closed Monday, November 11th. We will resume regular business hours on Tuesday, November 12th.

Ocean Bank - Financial Results as of September 30, 2024. Continued Financial Strength Learn more

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OCEAN BANK FINANCES PURCHASE OF 37 APARTMENTS

September 21, 2023
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Ocean Bank Lends $17.6 Million for Construction of Hilton Home2 Suites

Ocean Bank announced it has loaned $17.6 million to PIE Ulmerton Hospitality for construction of a Hilton Home2 Suites hotel neighboring the St. Petersburg-Clearwater International Airport.

Construction of the 128-room, five-story hotel, located at 4485 Ulmerton Road, is expected to begin in October, said Eddie Diaz, Executive Vice President and Head of Corporate Lending at Ocean Bank.  PIE Ulmerton Hospitality, LLC purchased the 1.68-acre site in 2022.

“We are pleased to provide this financing to PIE Ulmerton Hospitality, LLC.  PIE’s Chris Desai and Al Patel are long-term customers of Ocean Bank and are well versed in the development and hospitality sectors, which are strong areas of focus for the bank, Diaz said.  “This loan adds another financing by Ocean Bank in the growing central Florida corridor.”

Ocean Bank opened its first central Florida branch in Orlando earlier this year.

Senior Vice Presidents Federico Tunnermann and Evelio Herrera arranged the loan for Ocean Bank.