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The Ocean Bank Center for Educational Materials

OCEAN BANK AWARDS FUNDS TO
MIAMI DADE COLLEGE’S SCHOOL OF BUSINESS

$60,000 Contributed to Student Scholarships for Minority Students

MIAMI, FL – March 1, 2006 -- Ocean Bank recently awarded $60,000 to Miami Dade College’s School of Business. The funds will be used to offer student scholarships to minority students who are entering the banking and financial services industry. Scholarship recipients will also be eligible for part-time positions at Ocean Bank.

“As a leader in South Florida’s banking industry, it is important for Ocean Bank to support programs that benefit students in our community,” said José A. Concepción, Ocean Bank President and CEO. “We are excited to help educate minority students who are eager to enter the financial industry and we are pleased to partner with Miami Dade College.”

Ocean Bank is seriously committed to supporting education in our community. Since the Bank’s inception in 1982, we have made substantial contributions to the Education Fund, Florida Memorial University, Florida International University and the United Negro College Fund among others.

The Miami Dade College Foundation supports the mission and values of Miami Dade College by encouraging gifts from a wide variety of sources, particularly in the areas of scholarship and program support. For more information about the College, please call 305-237-8888.

Ocean Bank is the largest independent commercial bank headquartered in Florida, with more than $5.6 billion in assets and $4.8 billion in deposits. Chartered in 1982, Ocean Bank operates a network of 21 branches throughout Miami-Dade and Broward counties. The community bank has received numerous awards and accolades from the Greater Miami Chamber of Commerce, The Beacon Council and the Florida Department of Education among others for its support of South Florida’s communities. For more information logon to www.oceanbank.com.