Locality Bank Named #1 Fastest Growing Company of 2025 by South Florida Business Journal

FORT LAUDERDALE, FL (August 22, 2025) – In just three and a half years, Locality Bank has gone from a bold idea to a standout success story in South Florida’s business community. Last night, that vision was honored as Locality Bank was named the #1 Fastest Growing Company of 2025 (Under $25M in Revenue) by the South Florida Business Journal, a recognition that celebrates exceptional revenue growth and bold leadership.

This accolade reflects more than just financial milestones. It tells a story of trust, community, and purpose.

“We’re incredibly proud of this recognition, but it’s not just about how fast we’ve grown,” said Corey LeBlanc, Co-Founder, COO, and CTO. “It’s about why we’re growing. It’s the entrepreneurs who chose to build their future with us. Their wins are our wins. This award belongs to them too.”

[Pictured L to R: Henry Mendez, Leo Tepedino, Gerry Litrento, Pamela Dalton, David Beckey, Lorenzo Ortiz]

Locality Bank launched in early 2022 to fill a critical void in South Florida’s business banking landscape. At the time, the region hadn’t seen a new community bank open its doors in over a decade. Since then, the Fort Lauderdale-based bank has become a magnet for South Florida entrepreneurs seeking more than just capital. They’re seeking relationships, expertise, and a partner who believes in their potential.

The award, presented at Gulfstream Park’s Sport of Kings Theater, is based on verified revenue growth from 2022 to 2024. Locality’s climb to the top reflects strategic execution, community commitment, and an ability to scale without losing sight of its core values.

“This recognition is a testament to our extraordinary team and the businesses that believed in us from day one,” said Keith Costello, Co-Founder, President, and CEO. “We’re building something rare, an institution rooted in community, powered by technology, and fueled by people who genuinely care.”

The momentum has been undeniable:

• Locality recently completed its de novo period, giving the bank increased flexibility to scale its operations and lending capabilities.
• CEO Keith Costello was named Chairman of the Florida Bankers Association, amplifying Locality’s voice in shaping the future of community banking in Florida.

Drew Saito, Co-Founder and Chief Lending Officer, added: “Our growth in lending reflects the determination of the business owners we support every day. It’s gratifying to see that momentum recognized across multiple areas of commercial and real estate lending, and it fuels our drive to keep delivering for this community.”

Behind it all is a team dedicated to a singular mission: empowering local businesses to maximize their potential.

“We exist to help entrepreneurs reach their potential,” said Costello. “That mission guides every decision we make, whether it’s the tech we build, the talent we hire, or the clients we serve.”

As Locality Bank continues to grow, its leadership remains focused on staying deeply rooted in the communities it serves. Because at the end of the day, fast growth only matters if it lifts others up along the way.