Cogent Bank grows throughout Florida, announces $1B in assets - Cogent Bank

Lost or Stolen Debit Card

To report a lost or stolen debit card please call 407.545.2662 during normal operating hours. After hours, please call 1.800.500.1044 immediately or access www.visa.com

Routing Number

Our Bank Routing and Transit Number is: 063114661

You will be linking to another website not owned or operated by Cogent Bank. Cogent Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Cogent Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Cogent Bank.

If you "Proceed", the link will open in a new window.

Proceed

You are leaving Cogent Bank and going to Cogent Private Wealth, a boutique advisory firm offering comprehensive financial planning and investment management services. Some of their products are NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY; NOT GUARANTEED BY THE BANK; and MAY LOSE VALUE.

If you "Proceed", the link will open in a new window.

Proceed

Please note that by clicking on this email address, you are leaving the Cogent Bank website and accessing an external email platform. Cogent Bank has no control over the content of any communications contained within this platform and cannot be held responsible for any information exchanged. We caution users to be careful when sharing any personal or sensitive information via email, as it may be intercepted or misused by third parties. By using this email platform, you accept full responsibility for any risks that may arise from its use.

If you "Proceed", the link will open in a new window.

Proceed

Menu

Cogent Bank grows throughout Florida, announces $1B in assets

ORLANDO, Fla. (Feb. 22, 2022) – On the heels of significant growth and expansion in 2021,  Cogent Bank has achieved another milestone – reaching $1 billion in assets. 

Cogent continues to experience strong loan and deposit growth. The Bank’s total loans grew by 51% since 2020 and notably, specialty lending doubled in 2021.  Total deposits grew by 105% since 2020. Ranked as the #2 bank in the state for total PPP loans, Cogent assisted approximately 2,100 small businesses in securing more than $308 million in PPP funding and actively helped clients in-need with loan forgiveness.

“Achieving $1 billion in assets is an outstanding milestone for us,” says Lee Hanna, chief executive officer of Cogent Bank. “This is a testament to the talent and commitment of our team and the value we provide to our growing customer base. We’re proud to have delivered an exceptional year and look forward to continuing to serve the needs of our individual and commercial clients.”

During its strong year of growth in 2021, Cogent expanded to eight locations in Florida and hired more than 60 associates. The Bank also established an industry-leading partnership to offer business clients real-time, blockchain-based payments through TassatPay,™ and through their holding company invested in Lucy Labs, a multi-strategy cryptocurrency asset management firm. Cogent, which recently relocated its headquarters from Orange City to downtown Orlando, achieved a 118% increase in revenue from 2020 to 2021. To further expand its mission and scope of services, support and assistance to businesses and individuals in the community, Cogent has also announced the establishment of a local Advisory Board made up of business and community leaders.