1st National Bank of South Florida

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History - Watching Families Grow Since 1932

Recognition

1st National Bank Earns Highest Rating for Safety and Soundness again

BAUERFINANCIAL, Inc. of Coral Gables, FL, the nation’s leading independent bank rating and research firm, is proud to announce that 1st National Bank of South Florida, Homestead, Florida has once again achieved its highest 5-Star rating. The 5-Star rating is based on the overall financial picture of the bank and indicates that 1st National Bank of South Florida is one of the strongest banks in the nation. This quarter represents the 28th consecutive time that 1st National Bank of South Florida has earned this highest honor.

“The times are changing and fewer banks are qualifying for this top rating, but our rigorous standards remain,” boasts Karen L. Dorway, president of BAUERFINANCIAL. “You should be proud to know your local bank, 1st National Bank of South Florida, can claim this highest honor and be confident to call it your bank.”

1st National Bank of South Florida was established in 1932 and has been steadfastly serving the financial needs of its neighbors and friends for 76 years. It operates through six conveniently located offices in Homestead, Miami, Palmetto Bay and Princeton and can be found on the internet at www.1stnatbank.com.

1st National Bank of South Florida: “Your 1st Choice for Better Banking.”

BAUERFINANCIAL, INC., Coral Gables, Florida, the nation’s leading independent bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can they elude it. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.

For more information on 1st National Bank of South Florida, or any other U.S. bank or credit union, contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Banking For Generations

Profile: Homestead Furniture Company & Ron Webb
In 1927, brothers, Frank and “Bevo” Webb started Homestead Furniture Company at 35 North Krome Avenue in downtown Homestead. The store carried furniture and decorative items and furnished many homes in the area. Later on Homestead Furniture became a full family operation employing John Whichard, Mary Webb Leiby, John Andrew Webb, Ron Webb, and Billie Staton...

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Our Foundation

1st National Bank of South was established in 1932 by a group of local businessmen during the bleakest days of the Great Depression. The charter for, what was then called, The First National Bank of Homestead was issued in late October 1932. Earlier that year the bank organizers had purchased the Bank of Homestead building at 4 South Krome Avenue, including its furniture and fixtures for $10,000. The new Bank opened its doors November 1, 1932 with $35,000 capital. Year after year, the Bank continued to grow and expand to new locations

In 2001, the Bank changed its name from First National Bank of Homestead to 1st National Bank of South Florida, to more accurately reflect its actual market area and customer base.

With seventy-five years of leadership, financial stability, and service excellence, we have always prided ourselves in providing a level of performance that consistently puts our customers' financial needs first. Today, 1st National Bank of South Florida remains a community Bank, with deep roots in the community, committed to excellence, and new and innovative ideas.