Wise Banking

In 1987, Ocean Bank established a branch at 1000 Brickell Avenue, then expanded its presence with an International Banking Center and a Wealth Management office to serve the needs of the growing international and professional clients in Brickell.
Words by Anja Maltav | April 26, 2024 | Lifestyle

Ocean Bank and Ocean Financial Services have a long history in the Brickell area. The Ocean Bank branch, led by Ruth Jimenez, who is also a Brickell resident, provides a full range of commercial and consumer banking products. Ocean Bank is a member FDIC and the largest privately held commercial bank chartered and based in Florida, with more than $6.4 billion in assets and 23 branches. Heading the Wealth Management office of Ocean Financial Services is Sr. VP Amado Peñate, who has been assisting clients for more than 30 years. He leads a team of 14 investment and banking professionals. “Ocean Financial Services is a fully licensed broker dealer with FINRA through which we can provide customized strategies tailored to the specific needs of our clients,” he says. “These may include investment and banking solutions.” The investment products are offered exclusively by Ocean Financial Services and are not insured by the FDIC, not a deposit of Ocean Bank and are not guaranteed by the bank, subject to investment risk, including possible loss of the principal amount invested;