JACKSONVILLE, Fla.--(BUSINESS WIRE)--Florida Capital Bank has elected Stephen E. Kunk to its board of directors and has appointed him Executive Vice President of Corporate Strategies. In this position, Kunk serves on the bank’s executive management team. Based in Jacksonville, his initial focus is to develop the bank’s Small Business Administration (SBA) lending strategy.
“Steve is a great addition to our management team and brings a wealth of expertise to our bank,” says Florida Capital Bank CEO Malcolm Jones. “While SBA lending has been part of the bank since our inception, we believe this is a product to be expanded and emphasized. Steve is the right person to help us evolve our SBA strategy into an efficient and profitable business.”
Kunk has strong roots in Florida, serving as Senior Vice President of Community Banking (2001-2005) and Chief Executive Officer and Florida Division Director (1997-2001) for Provident Bank in Sarasota and Chairman, CEO and Founder of Enterprise National Bank in Sarasota (1988-1997). Most recently, he held the position of Executive Vice President of PNC Business Banking for PNC Bank in Cleveland, Ohio (2010-2013). Prior to that, he served as Executive Vice President of Community Banking with National City Bank in Cleveland, Ohio (2005-2010). He has also worked for Bank of America, AmeriTrust Company, Southeast Bank and Huntington National Bank.
Kunk graduated from The Ohio State University with a bachelor’s degree in Political Science. He also received the Stonier Graduate School of Banking Certificate of Completion from Rutgers University.
Jones adds that the SBA’s Flagship 7(a) program provides loans to small businesses unable to secure financing through conventional credit channels. He continues, “This program is a natural progression of our Commercial Lending program and is another example of Florida Capital Bank’s commitment to the communities we serve. Our management team and employee base are extremely dedicated to providing personalized, customer-focused service for small business customers.”