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First Green Bank

Full company profile

uuid000cmuz

Namestring
First Green Bank
Websiteurl
firstgreenbank.com
Company typeenum
Private
Founded yearint
2009
Descriptiontext

First Green Bank is a private, for-profit community bank headquartered in Mount Dora, Florida, founded in 2009. According to the available firmographic data, it brands itself as the first bank of its kind to promote positive environmental outcomes, carving out a niche in sustainable and green banking. It operates with 101-250 employees and serves environmentally conscious consumers, small businesses, and likely renewable-energy and sustainability-oriented borrowers, though specific customer segment disclosures are not provided in the input data.

The bank's core business is traditional community banking: deposit-taking (checking, savings, money market accounts) and lending (commercial, residential, and likely green-purpose loans). The input data contains no detailed product catalog, technology stack, or digital-banking platform descriptions. No APIs, integrations, or proprietary technology platforms are disclosed, and the publicly scraped website content was minimal, indicating a limited public-facing digital footprint or scraping limitations. The bank holds no disclosed patents, AI/ML capabilities, or technology certifications in the source data.

First Green Bank's revenue model follows the standard community-bank playbook of net interest income (the spread between loan yields and deposit costs) supplemented by non-interest income from service charges and fees. Pricing details, fee schedules, and GTM motion are not publicly disclosed. The company raised $13.5 million in a single capital round dated February 2015, which is consistent with a community bank building regulatory capital to support loan-portfolio and deposit growth. Ownership structure, management team, and investor identities are not disclosed in the available data, and no subsequent funding events, M&A activity, or strategic transactions are documented in the source material.

Short descriptiontext

First Green Bank is a private community bank headquartered in Mount Dora, Florida, founded in 2009, that positions itself as the first U.S. bank promoting positive environmental outcomes and serving environmentally conscious consumers and businesses.

Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersMount Dora, United States
HQ citystring
Mount Dora
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
community banking, green banking, environmental lending, deposit accounts, commercial lending
Industry2 codes
1Green/Ethical/Sustainable Neobanks
CodeFSABAFAIPrimaryYes
2Savings Banks (Public/State-Owned)
CodeFSABAKAKPrimaryNo
NAICS code2 codes
  • Commercial Banking522110
  • Commercial Banking52211
SIC code1 code
  • State Commercial Banks6022
Product category
Community Banking
Cost components5 values
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

First Green Bank is a community bank that accepts deposits and makes loans, with a stated mission focused on promoting positive environmental outcomes through its lending and banking activities. Operating from Mount Dora, Florida, the bank serves individual consumers and businesses with conventional deposit, lending, and treasury products, while embedding environmental considerations into its credit decisions.

Differentiator
Functional benefit
Problem solved
Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
1Coastal Community Bank
TypeDirect peer
Description

A Pacific Northwest community bank that has historically partnered with fintechs and mission-aligned programs (e.g., green/sustainable initiatives). Comparable size, geographic community-bank profile, and willingness to embrace thematic banking.

2Beneficial State Bank
TypeDirect peer
Description

A community bank with an explicit social and environmental mission, offering deposit products, community development lending, and green financing. Operates in a comparable niche where banking mission is tied to environmental and community outcomes.

3Greenlight Financial
TypeEmerging player
Description

A fintech offering family-focused banking with an environmental/financial-literacy angle. Comparable values-driven consumer banking proposition, although targeting a younger/family demographic rather than small-business green lending.

4Amalgamated Bank
TypeDirect peer
Description

A values-driven, mission-based commercial bank serving progressive, union, and ESG-aligned customers. Closest analog to First Green Bank's sustainability-oriented community banking thesis, including former New Resource Bank (a similarly green-themed community lender it absorbed).

5Wells Fargo (Green/ESG Banking)
TypeBroad incumbent
Description

A national commercial bank with a growing portfolio of green bonds, sustainability-linked loans, and ESG deposit products. Represents the competitive incumbent pressure on green-niche community banks as ESG goes mainstream.

6Sunrise Banks
TypeDirect peer
Description

A Minnesota-based community bank with explicit social-impact, community-development, and sustainability programs. Comparable community-scale, mission-driven bank profile.

7Aspiration Partners
TypeEmerging player
Description

A sustainability-themed digital banking and investing platform targeting environmentally conscious consumers with fossil-fuel-free deposits and tree-planting rewards. Comparable mission to First Green Bank though delivered via a digital rather than branch-based model.

8Triodos Bank
TypeBroad incumbent
Description

A European sustainable bank financing organic food, renewable energy, and environmental projects. A broad incumbent in the global green-banking category, validating the market for sustainability-themed deposit and lending products.

9Climate First Bank
TypeDirect peer
Description

A Florida-based community bank founded with a sustainability and climate-action mission. Closest geographic and thematic peer to First Green Bank, directly competing for environmentally conscious depositors and borrowers in Florida.

10New Resource Bank
TypeDirect peer
Description

Was a San Francisco-based community bank serving environmentally and socially responsible businesses with green lending and sustainability-linked deposits; merged into Amalgamated Bank in 2018. Historically the closest direct green-banking peer to First Green Bank.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

First Green Bank

Community Bankingfirstgreenbank.com

First Green Bank is a private community bank headquartered in Mount Dora, Florida, founded in 2009, that positions itself as the first U.S. bank promoting positive environmental outcomes and serving environmentally conscious consumers and businesses.

What First Green Bank does

First Green Bank is a private, for-profit community bank headquartered in Mount Dora, Florida, founded in 2009. According to the available firmographic data, it brands itself as the first bank of its kind to promote positive environmental outcomes, carving out a niche in sustainable and green banking. It operates with 101-250 employees and serves environmentally conscious consumers, small businesses, and likely renewable-energy and sustainability-oriented borrowers, though specific customer segment disclosures are not provided in the input data.

The bank's core business is traditional community banking: deposit-taking (checking, savings, money market accounts) and lending (commercial, residential, and likely green-purpose loans). The input data contains no detailed product catalog, technology stack, or digital-banking platform descriptions. No APIs, integrations, or proprietary technology platforms are disclosed, and the publicly scraped website content was minimal, indicating a limited public-facing digital footprint or scraping limitations. The bank holds no disclosed patents, AI/ML capabilities, or technology certifications in the source data.

First Green Bank's revenue model follows the standard community-bank playbook of net interest income (the spread between loan yields and deposit costs) supplemented by non-interest income from service charges and fees. Pricing details, fee schedules, and GTM motion are not publicly disclosed. The company raised $13.5 million in a single capital round dated February 2015, which is consistent with a community bank building regulatory capital to support loan-portfolio and deposit growth. Ownership structure, management team, and investor identities are not disclosed in the available data, and no subsequent funding events, M&A activity, or strategic transactions are documented in the source material.

First Green Bank firmographics

Firmographics
Name
First Green Bank
Website
https://firstgreenbank.com
Company type
Private
Founded year
2009
Headcount range
101–250 employees
Short description
First Green Bank is a private community bank headquartered in Mount Dora, Florida, founded in 2009, that positions itself as the first U.S. bank promoting positive environmental outcomes and serving environmentally conscious consumers and businesses.
Ownership category
akta.pro rank

First Green Bank industry classification

Industry
Product category
Community Banking
NAICS
Commercial Banking (522110), Commercial Banking (52211)
SIC
State Commercial Banks (6022)
akta.pro primary industry
Green/Ethical/Sustainable Neobanks (FSABAFAI)
akta.pro secondary industry
Savings Banks (Public/State-Owned) (FSABAKAK)

Keywords

  • Community banking
  • Green banking
  • Environmental lending
  • Deposit accounts
  • Commercial lending

Where First Green Bank is headquartered

Location

Headquarters

HQ city
Mount Dora
HQ country
United States
HQ region
North America

Markets served

First Green Bank business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

First Green Bank product offering

Product offering

Core offering

First Green Bank is a community bank that accepts deposits and makes loans, with a stated mission focused on promoting positive environmental outcomes through its lending and banking activities. Operating from Mount Dora, Florida, the bank serves individual consumers and businesses with conventional deposit, lending, and treasury products, while embedding environmental considerations into its credit decisions.

Differentiator

Problem solved

Functional benefit

Companies that use First Green Bank

Customer profile

Ideal customer profiles1 record

First Green Bank technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

First Green Bank partnerships and signals

Strategic signal

Recent moves2 records

Expansion highlights2 records

First Green Bank competitors and assessment

Company assessment

Direct peers

  • Coastal Community Bank: A Pacific Northwest community bank that has historically partnered with fintechs and mission-aligned programs (e.g., green/sustainable initiatives). Comparable size, geographic community-bank profile, and willingness to embrace thematic banking.
  • Beneficial State Bank: A community bank with an explicit social and environmental mission, offering deposit products, community development lending, and green financing. Operates in a comparable niche where banking mission is tied to environmental and community outcomes.
  • Amalgamated Bank: A values-driven, mission-based commercial bank serving progressive, union, and ESG-aligned customers. Closest analog to First Green Bank's sustainability-oriented community banking thesis, including former New Resource Bank (a similarly green-themed community lender it absorbed).
  • Sunrise Banks: A Minnesota-based community bank with explicit social-impact, community-development, and sustainability programs. Comparable community-scale, mission-driven bank profile.
  • Climate First Bank: A Florida-based community bank founded with a sustainability and climate-action mission. Closest geographic and thematic peer to First Green Bank, directly competing for environmentally conscious depositors and borrowers in Florida.
  • New Resource Bank: Was a San Francisco-based community bank serving environmentally and socially responsible businesses with green lending and sustainability-linked deposits; merged into Amalgamated Bank in 2018. Historically the closest direct green-banking peer to First Green Bank.

Emerging players

  • Greenlight Financial: A fintech offering family-focused banking with an environmental/financial-literacy angle. Comparable values-driven consumer banking proposition, although targeting a younger/family demographic rather than small-business green lending.
  • Aspiration Partners: A sustainability-themed digital banking and investing platform targeting environmentally conscious consumers with fossil-fuel-free deposits and tree-planting rewards. Comparable mission to First Green Bank though delivered via a digital rather than branch-based model.

Broad incumbents

  • Wells Fargo (Green/ESG Banking): A national commercial bank with a growing portfolio of green bonds, sustainability-linked loans, and ESG deposit products. Represents the competitive incumbent pressure on green-niche community banks as ESG goes mainstream.
  • Triodos Bank: A European sustainable bank financing organic food, renewable energy, and environmental projects. A broad incumbent in the global green-banking category, validating the market for sustainability-themed deposit and lending products.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

First Green Bank social profiles

Digital presence

First Green Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

First Green Bank leadership team

Management profile

Number of profiles

First Green Bank funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

First Green Bank M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Green Bank

What does First Green Bank do?

First Green Bank is a community bank that accepts deposits and makes loans, with a stated mission focused on promoting positive environmental outcomes through its lending and banking activities. Operating from Mount Dora, Florida, the bank serves individual consumers and businesses with conventional deposit, lending, and treasury products, while embedding environmental considerations into its credit decisions.

When was First Green Bank founded?

First Green Bank was founded in 2009. It employs 101 to 250 people.

Where is First Green Bank based?

First Green Bank is headquartered in Mount Dora, United States, in the North America region.

Who are First Green Bank's main competitors?

Direct peers on record are Coastal Community Bank, Beneficial State Bank, Amalgamated Bank, Sunrise Banks, Climate First Bank and New Resource Bank. Emerging players are Greenlight Financial and Aspiration Partners. Broad incumbents are Wells Fargo (Green/ESG Banking) and Triodos Bank.

Does First Green Bank have an API?

No public API is recorded for First Green Bank.

What industry is First Green Bank in?

First Green Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAFAI, Green/Ethical/Sustainable Neobanks, with a secondary code of FSABAKAK, Savings Banks (Public/State-Owned). Its NAICS code is 522110 and its SIC code is 6022.

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Live signals
GlobeNewswireFirst GREEN Bank’s Newest Location Receives Highest Designation for SustainabilityFirst GREEN Bank received LEED ID+C Retail v4 Platinum certification for its downtown Orlando headquarters, the highest sustainability designation. The renovation, designed by The Collage Companies, met strict LEED v4 requirements and was the first project to earn this certification. The bank will host a September event to celebrate the achievement.GlobeNewswireFirst GREEN Bank Honored by B Lab for Commitment to SustainabilityFirst GREEN Bank was recognized by B Lab on its Best For Community and Best For The World Overall lists, based on an assessment of over 2,400 Certified B Corporations. The bank's practices include a living wage policy, LEED certifications, and volunteerism, and it plans to launch its first Central Florida B Corp chapter in fall 2018.GlobeNewswireSeacoast to Acquire First Green Bancorp, Inc., Expanding Its Presence in the Attractive Orlando and Fort Lauderdale MarketsSeacoast Banking Corporation signed a definitive agreement to acquire First Green Bancorp, expanding its presence in Orlando and Fort Lauderdale. The deal, valued at approximately $132.6 million, is expected to be over 10% accretive to earnings per share in 2019. Closing is anticipated early in the fourth quarter of 2018.GlobeNewswireFirst GREEN Bank Announces Strong First Quarter EarningsFirst GREEN Bank reported Q1 2018 earnings of $2.2 million, up 180% from $796,000 in 2017. Assets grew 30% to $731 million, driven by South Florida expansion and Central Florida performance. The bank emphasizes ethical, socially responsible banking.GlobeNewswireFirst GREEN Bank Announces Strong 2017 EarningsFirst GREEN Bank reported 2017 annual earnings of $4,536,000, a 250% increase from $1,300,000 in 2016, after a one-time $377,000 tax law charge. Assets grew from $542 million to $702 million, reflecting loan and deposit expansion.GlobeNewswireFirst GREEN Bank Lends Nearly $4 Million to Facilitate Debary Town Center DevelopmentFirst GREEN Bank announced a nearly $4 million loan to Charles Wayne Properties for refinance and development of Debary Town Center. The 68-acre site, near a SunRail station, will add over 258,000 square feet of commercial space and 2,200 residential units, with construction starting in 2018 and completion by 2019.GlobeNewswireFirst GREEN Bank Announces Strong Third Quarter EarningsFirst GREEN Bank reported Q3 2017 earnings of $1.42 million, up 146% from $578,000 in 2016. Assets grew from $491 million to $653 million, and outstanding loans increased by $174 million to $556 million. The bank attributes growth to its South Florida expansion and continued Central Florida performance.GlobeNewswireFirst GREEN Bank Loans $8 Million to CERTUS Senior Living to Construct New Facility in Mount DoraFirst GREEN Bank announced an $8 million loan to CERTUS Senior Living to build CERTUS Premier Memory Care Living in Mount Dora, Florida. The 42,600-square-foot facility, designed for up to 64 Alzheimer's and dementia residents, is expected to open in April 2018.GlobeNewswireFirst GREEN Bank and The Collage Companies Present Second Annual Art of Medicine Gala This October 20The Art of Medicine Foundation will hold its second annual gala on October 20 at the Orlando Museum of Art, presented by First GREEN Bank and The Collage Companies. Proceeds will benefit the University of Florida's Trauma, Concussion, and Sports Neuromedicine Program, honoring Dr. Cindy LaRoe, a brain injury survivor and artist.GlobeNewswireFirst GREEN Bank Recognized as Certified B Corporation by B LabFirst GREEN Bank, a Florida-based bank, was certified as a B Corporation by B Lab. The bank lends over $422 million to local businesses and offers a living wage of at least $32,000. It aims to redefine standards through sustainable energy, employee benefits, and community involvement.