Sanibel Captiva Community Bank

Name

Sanibel Captiva Community Bank

Legal name

Sanibel Captiva Community Bank

Website

https://sancapbank.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)

akta.pro secondary industry

Specialty Finance / Structured Credit (FSANADAE)

Keywords

• Community banking
• Personal banking
• Business banking
• Residential lending
• Commercial lending

Headquarters

HQ city

Sanibel

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Interest Income from Loans: Primary revenue from residential mortgages ($2.4B+ funded since 2003), commercial lending, SBA loans, and consumer loans. Interest earned on loan portfolio including construction loans, HELOCs, and investment property loans.
2. Deposit Account Fees and Services: Monthly service charges (waived with minimum balances), overdraft protection services, wire transfer fees, cashier's check fees ($5 customers, $10 non-customers), night depository services.
3. Digital Banking Services: Revenue from digital payment services including Zelle transactions, digital wallet integrations, and online bill pay services.
4. Credit Card Operations: Credit card products issued through TCM Bank, N.A. partnership, generating interchange revenue and interest income.
5. Merchant Services: Revenue sharing from merchant credit card processing through Priority Payments South Florida partnership.
6. SBA Lending Fees: SBA 504 and 7(a) loan origination fees and servicing income. Minimum SBA loan amount of $350k.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Sanibel Captiva Community Bank (SanCap Bank) is a community bank offering personal and business deposit accounts, residential and commercial lending (including SBA loans), digital banking, treasury management, merchant services, and credit cards across nine locations in Lee County, Southwest Florida. The bank generates the bulk of its revenue from interest income on its loan portfolio, supplemented by deposit account fees, digital payment services, and interchange income.

Product overview

Sanibel Captiva Community Bank (SanCap Bank) operates as a $1 billion community bank serving Southwest Florida with a unified platform of traditional banking products and services. The core offering includes personal banking (checking, savings, CDs, IRAs), business banking (checking, merchant services, treasury management), and lending (residential mortgages, commercial loans, SBA financing). The bank differentiates through local decision-making and community commitment, with digital banking capabilities including online/mobile banking, digital wallets (Apple Pay, Google Pay, Samsung Pay), Zelle payments, and mobile deposit. The recent Jack Henry core processing platform modernization enhances operational efficiency while maintaining the bank's community-focused service model across 9 branch locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Free personal checking account with no monthly maintenance fees, free online and mobile banking, free bill pay, and free Zelle transactions for individual consumers. Requires $50 minimum opening deposit.
• Hometown Checking Interest-bearing checking account with no monthly service charge when average daily balance of $1,500 is maintained; includes 50% discount on safe deposit boxes and free CardValet for individual consumers. $100 minimum opening.
• Platinum Checking Free interest-bearing checking account for customers age 50 and older with unlimited checks and no monthly fees. Requires $100 minimum opening deposit and direct deposit.
• Savings Account Personal savings account with no monthly service charge when average daily balance of $300 is maintained. Requires $100 minimum opening.
• Money Market Account Money market account with competitive weekly interest rates and a higher rate tier for balances of $25,000 or more. No monthly charge with $2,500 balance; $2,500 minimum opening.
• Certificates of Deposit FDIC-insured CDs with terms ranging from less than one year to multiple years. $1,000 minimum balance with early-withdrawal penalties.
• Individual Retirement Account (IRA) Retirement savings account using CD-based IRAs with competitive yields. $500 minimum balance/opening deposit.
• Business Checking Business checking account with free mobile deposit for small and mid-size local businesses. $100 minimum opening deposit.
• Business Checking with Interest Interest-bearing business checking account for businesses that maintain higher balances.
• Merchant Services Credit card processing services through Priority Payments South Florida enabling local businesses to accept electronic payments including all major credit and debit cards.
• Treasury Management Business banking product suite including ACH transactions, Positive Pay fraud prevention, wire transfers, and administrative tools for efficient business operations.
• Residential Lending Home mortgage products including home purchase loans, refinancing, HELOCs, and construction loans with local decision-making and in-house underwriting for homebuyers and property owners.
• Alternative Lending Options Non-conventional mortgage solutions including Foreign National loans, Bank Statement mortgages, Business Bank Statement Elite, Investor Cash Flow (DSCR) loans, and Asset Qualifier programs for self-employed and non-traditional borrowers.
• Commercial Lending Commercial real estate acquisition, business expansion, equipment financing, working capital, and leasehold improvement loans with in-house credit underwriting and nonconventional lending options for local business owners.
• SBA Lending Small Business Administration loans including SBA 504 and SBA 7(a) programs for business expansion, real estate purchase, equipment financing, and working capital. Minimum loan amount $350,000.
• Online & Mobile Banking Digital banking platform via web and the My SanCap Bank mobile app (iOS and Android) enabling bill payment, fund transfers, mobile check deposit, and account access for personal and business customers.
• Visa Credit Card Visa credit card issued through TCM Bank N.A. with competitive rates, travel benefits, fraud monitoring, chip security, and 24/7 U.S.-based customer service for personal and business customers.
• Fraud Prevention Services

Quantifiable outcome

• $1 billion in total assets - surpassed milestone in 2025
• +5 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Jack Henry & AssociatescoreTechnology or Integration · 6 January 2026SanCap Bank selected Jack Henry's configurable core processing platform to modernize technology infrastructure and streamline operations. The transition will automate workflows, enhance digital capabilities, and maintain integrations with third-party technology providers. Partnership supports bank's expansion into Fort Myers Beach area and enables open API ecosystem for future integrations. Deal announced January 2026.
• Priority Payments South FloridacoreChannel Partner/ Reseller/ DistributorPartnership provides flexible and reliable merchant services program allowing businesses to accept electronic payments. Services include settlement for major credit/debit cards, helps increase sales, reduce losses, expand customer base, and improve cash flow.
• AllpointcoreTechnology or IntegrationFee-free ATM network providing access to hundreds of ATMs in Southwest Florida and 55,000+ worldwide. Essential component of customer value proposition for surcharge-free cash access.
• SBA (Small Business Administration)coreStrategic or Co-development PartnerApproved SBA lender facilitating 504 and 7(a) loans. Bank is the only homegrown Lee County community bank facilitating SBA lending. Minimum SBA loan amount is $350k. SBA loans support business expansion, real estate, and equipment purchases.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• BayFirst Financial Corp: Florida-headquartered community bank (St. Petersburg) serving individuals and small businesses with a similar mix of personal banking, business banking, and residential/SBA lending. Closest publicly traded Florida community bank peer by business model and size range.
• Cogent Bank: Florida community bank (Orlando/Bradenton) with branch-based model, relationship lending, and personal/business banking services. Comparable footprint-size and SMB/community focus as SanCap.
• Home Bancorp Inc. Lafayette, Louisiana-based community banking holding company with similar SBA-heavy, community-bank business model. Comparable in size, asset mix, and SBA loan franchise to SanCap.
• Pilot Bank: Tampa, Florida community bank offering personal and business banking, residential and commercial lending with a local relationship model. Directly comparable in Florida community-bank positioning and product mix.
• Crews Bank & Trust: Long-standing Florida community bank with branch network and personal/business/commercial lending focus. Similar relationship-based community banking model and geographic concentration in a single Florida region.

Broad incumbents

• City National Bank of Florida: Larger Florida-based banking franchise with broader product set and regional presence. Comparable in that it serves Florida consumers and SMBs but operates at materially greater scale and product breadth.
• BankUnited: Florida-headquartered commercial bank with significantly larger asset base and broader geographic reach. Competes for the same Florida SMB and consumer deposit/lending relationships, but at a much wider scale.
• CenterState Bank: Florida-based community/commercial bank (now part of SouthState) with branch and commercial lending franchise. Comparable Florida community-bank DNA, but operates at significantly larger scale than SanCap.

Regional players

• TIB Bank (NAFH/Naples): Southwest Florida community bank that historically served the Naples/Fort Myers market. Most direct regional overlap with SanCap's Lee County footprint and community banking model.

Others

• Jack Henry & Associates: Core banking technology provider and recent SanCap partner. Included as an ecosystem/infrastructure partner rather than a direct competitor; its platform underpins SanCap's digital growth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/BankSanibel
• Facebookfacebook.com/Sanibel-Captiva-Community-Bank-135209513593531
• LinkedInlinkedin.com/company/sanibel-captiva-community-bank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles35 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Sanibel Captiva Community Bank