A Strong Case for Community Banking. Plus: Is Our Banking System Really Safe? – with Dennis Murphy | Episode 134

One of the anchors of any community is of course the community bank.

With so much consolidation in the financial industry, it’s hard to know who’s who anymore.

1-800 numbers are commonplace but one local banker doesn’t use them since he’s fully committed to making the banking relationship genuinely personal.

Hi I’m your host Bob Williams, and I’m very pleased to welcome Dennis Murphy President & CEO of Gulfside Bank.

In this episode, you’ll learn…

  • One thing most people don’t know about Dennis
  • How starting a bank is different from other businesses.
  • Why all business owners should have a Board of Directors
  • What really happened to two California banks that recently failed
  • Why Dennis believes our banking system is safe & sound.
  • … and much … much… more!

Thank you for stopping today as it is my hope you will listen … learn … and connect!

Dennis Murphy

Dennis B. Murphy, Jr., the President and CEO of Gulfside Bank has over 19 years of banking experience starting his banking career in 2002 with AmSouth Bank as a member of its Management Associate program. During his tenure with AmSouth Bank, Mr. Murphy held various roles including Branch Manager and Commercial Credit Analyst. In 2008, Dennis left Regions Bank (which acquired AmSouth Bank) to become a founding shareholder with Gateway Bank of Southwest Florida, a community bank being formed in the Sarasota/Manatee County market. Before its ultimate sale to CenterState Bank, NA in May of 2017, Mr. Murphy held various leadership positions with Gateway including roles such as Commercial Lender, Commercial Banking Manager and ultimately Senior Lending Officer. As Executive Vice President and Senior Lender of the Bank for the last six years of its existence, he was responsible for all aspects of the Bank’s lending function including loan production, credit administration, loan operations and loan compliance. Dennis was retained after Gateway’s merger with CenterState Bank and became the Area Executive for Sarasota and Manatee Counties. He left CenterState in October of 2017 to form Gulfside Bank.

Awards and recognition include being recognized as a member of the Business Observer’s “40 under 40” and “Rising Stars in Banking” articles as well as Scene Magazine’s “Men on the Scene” series. At its annual conference in June 2019, the Florida Bankers Association named Mr. Murphy “Florida Banker of the Year” and in October of 2019 the Greater Sarasota Chamber of Commerce awarded him its prestigious “Chair’s Cup Award.”

Gulfside Bank

333 N. Orange Avenue

Sarasota, FL 34236


Fax: 941.330.1636

Hours: Monday – Friday 8:30AM – 5:00PM

Gulfside Website