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National Bank of Commerce Expands into Florida with New Vero Beach Office

BIRMINGHAM, AL (April 10, 2014) – National Bank of Commerce (NBC) announced today the opening of a new loan production office in Vero Beach, Florida. With the new office, the bank expands its market beyond the state of Alabama for the first time. Bank President & CEO, Richard Murray, IV, spoke about the new office, saying, “We’re excited to bring our brand of experienced, accessible and safe banking to the Florida market. The Vero Beach community is a perfect fit for us, and it represents the next step in our strategic plan.”

The new office is managed by Andy Beindorf, a life-long resident of Vero Beach who has spent the last 36 years in banking. Prior to joining NBC, Beindorf spent 25 years with Indian River National Bank, where he worked with much of NBC’s current leadership. In addition to his banking experience, Beindorf is an active community member, having served as a past President of the United Way of Indian River County and past President of the Vero Beach/Indian River County Chamber of Commerce. Murray spoke of Beindorf, saying, “Andy is obviously a great banker, but more importantly, he’s a great person. We couldn’t be more proud to have him join our team as we begin to serve the Vero Beach community.” Beindorf echoed the sentiment, saying, “I’m extremely excited to be working with NBC and its management team again. We share a passion for community-focused banking, and I’m thrilled to share that approach with my neighbors here in Vero Beach.”

David G. Powers, Chairman, President and CEO of The United Group and United Legacy Bank also spoke about the announcement, saying, “Our partnership with National Commerce Corporation will provide us the opportunity to execute on our business strategy of building a high profile banking franchise, while continuing to seek out other growth opportunities within Central Florida. Most importantly, both United Legacy and National Bank of Commerce share a common vision with a passion for the community bank model. I am excited to be on the ground floor of helping to build a dynamic community banking franchise serving key markets in the Southeast.”

About National Bank of Commerce
National Bank of Commerce is a community-focused banking leader that offers commercial, personal and mortgage banking services in four Alabama markets – Birmingham, Huntsville, Lee County and Baldwin County – and one Florida market – Vero Beach. Its customers benefit from straightforward and accessible banking relationships with experienced professionals. For more information about National Bank of Commerce, visit www.nationalbankofcommerce.com.

Contact Information
Richard Murray, IV
President & Chief Executive Officer
National Bank of Commerce
(205) 313-8103
rmurray@nationalbankofcommerce.com

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