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OCEAN BANK AND LATIN BUILDERS ASSOCIATION
DISTRIBUTE BYCYCLES TO NEEDY CHILDREN

Local Bank is again the Title Sponsor

Miami, FL – December 31, 2005—As in previous years, Ocean Bank recently served as the main sponsor of the Annual Latin Builders Association Bike Drive. The local bank donated $15,000 to the cause, contributing to the purchase and distribution of 1,000 bicycles to some of Miami-Dade County’s needy children.

“We are thrilled to work with the Latin Builders Association in this annual bike drive,” said José A. Concepción, President and CEO of Ocean Bank. “This is just another way in which Ocean Bank can help this community and we are delighted to put a smile on so many children faces during this holiday season.”

Ocean Bank is the largest independent commercial bank headquartered in the State of Florida with more than $5 billion in assets and $4.6 billion in deposits. Chartered in 1982, Ocean Bank operates a network of 21 branches throughout Miami-Dade and Broward counties. Ocean Bank is recognized as a leader in community relations efforts and has received numerous awards from the Greater Miami Chamber of Commerce, the Beacon Council, the March of Dimes and the Florida Department of Education for its efforts in helping our community. For more information logon to www.oceanbank.com.