Bank of America announced that Jeff Crabtree, a Consumer Banking region executive, has been named president of Sarasota/Manatee, succeeding Stephenie Whitfield, who recently relocated to Georgia for another role with the company. As president and head of the market, Crabtree will drive collaboration across the company's eight lines of business and lead efforts to grow market share in Sarasota/Manatee by building local connections and deepening client relationships. Chief executive officer Brian Moynihan said Crabtree's established leadership and experience will ensure the company delivers on its responsible growth strategy, and thanked Whitfield for her leadership. Crabtree, who has 15 years of experience with Bank of America across Consumer Banking and Merchant Services, will continue to serve as a Consumer Banking region executive leading a team of market leaders across parts of Florida. Bank of America's Sarasota/Manatee market employs more than 400 local Bank of America and Merrill employees at 31 locations, and since 2020 the company has invested $3.4 million in philanthropic funding across Sarasota and Manatee counties. During the second quarter of 2026, Bank of America extended $143 million in small-business loans and $246 million in commercial loans in the market.
Bank of America CorpBank of America names a new Sarasota/Manatee market president; a leadership appointment with no clear financial driver.
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