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OCEAN BANK AND LATIN BUILDERS ASSOCIATION DISTRIBUTE BICYCLES TO NEEDY CHILDREN

Local Bank is again the Title Sponsor

Miami, FL – December 21, 2006 - As in previous years, Ocean Bank is the title sponsor of the Latin Builders Association Annual Toy Drive for needy children. On Saturday, December 23 more than 1,000 children between the ages of 6-9 will receive bicycles and toys for the holidays. The annual toy drive will take place at Ocean Bank headquarters located at 780 NW 42 Avenue. The local bank donated $15,000 to the cause, contributing to the purchase and distribution of toys 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."

"The LBA is proud to continue this giving tradition that brings a smile to the face of so many needy children and parents," said Osvaldo Vento, president of the LBA.

Ocean Bank is the largest independent commercial bank headquartered in the State of Florida with more than $5.6 billion in assets and $5 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.


LBA is an energetic, non-profit organization that encompasses a vast array of individuals and companies related to South Florida’s vibrant construction industry. Since its establishment in 1971, Latin Builders Association has embodied the interests of builders, developers, contractors, architects, engineers, plumbers, electricians and tradesmen associated with the business of construction, striving to provide a vital forum for discussion, networking, training/development, and representation at the local and state level.