Coconut Grove Bank was founded on July 12, 1926 and is the oldest continuously operating bank in Miami Dade County. In the mid-30s, the Bank was approached by Ralph and James Ryder, brothers who had been awarded a contract to take the mail from Lemon City (the original Port of Miami) to downtown Miami. The Bank provided the initial financing for what would become Ryder Trucks.
The Bank funded many other projects that have contributed to Miami Dade County's development and progress including: the funding of the W.T. Price Dredging Corp., which dredged the current Port of Miami , and many of the canals in the southern part of the county and the funding of the Parrot Jungle. From 1926, as a small bank refusing to be blown away by the hurricane that hit just weeks after it opened its doors, the Bank flourishes more than 80 years later. Its success is bolstered by the shared belief of its leaders past and present: a belief in the potential of South Florida, and in the opportunities the Bank makes possible for the residents and businesses who believe in it, too.
Financial strength and stability have been a Coconut Grove Bank hallmark. Locally owned and operated, Coconut Grove Bank has five offices in Miami-Dade County including Aventura, Coconut Grove, Coral Gables, Palmetto Bay and South Miami. Coconut Grove Bank has earned the reputation of being one of South Florida’s leading lenders by investing in you, your business and our community.
Phone: 1-800-528-2273, 24 hours a day, 7 days a week
