BAC Florida Bank Appoints Joaquin Arguello As New Senior Vice President To Lead Bank’s Domestic Banking Division

“BAC Florida Bank, one of the leading Florida banks in providing mortgage loans to foreign nationals and banking and investment services for international clients, primarily from Latin America, announced the appointment of Joaquin Arguello to the post of senior vice president in charge of the bank’s Domestic Banking Division.

Arguello brings more than 17 years of experience in the retail banking arena to his position. In his new role, he is charged with launching the bank’s Domestic Banking Division throughout key targeted communities and clients in South Florida.

Prior to joining BAC Florida Bank, Arguello held positions with such banking institutions as BankUnited, where he was senior vice president and market manager in charge of 21 branches in Broward County, Collier County and seven branches located in the South Dade area. Prior to that, Arguello was vice president of Barnett Bank, now Bank of America.

A native of Managua, Nicaragua, Mr. Arguello brings a keen understanding of the cultural nuances of BAC’s core Latin American clientele base.

“BAC Florida Bank has earned its customers’ trust in Latin America. We’re bringing the same customer experience to the South Florida market,” says Arguello. “We want to be a partner in helping our customers grow their business and personal wealth by offering banking products and services with the personalized service they have come to rely on from BAC.”

A graduate of the University of New Orleans in Louisiana, Arguello holds a Master’s in Business Administration from Nova Southeastern University. He is a board member of Chamber South and is a member of both the Nicaraguan Chamber of Commerce and Coral Gables Chamber of Commerce. Arguello has also served as a director of the Weston Area Chamber of Commerce.

“South Florida is an important hub and a natural extension for our customers. We are committed to providing our customers with the services they know and trust from their banking partner,” said Frank D. Robleto, President and CEO of BAC Florida Bank.

About BAC Florida Bank
BAC Florida Bank was ranked as the No. 1 community bank lender by the prestigious American Banker magazine and is one of the leading banks in providing mortgage loans to foreign nationals. With $908 million in assets as of June 30, 2007, BAC Florida Bank has earned a reputation as a trusted advisor to clients for personalized financial services.”

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