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Organizers hope to raise at least $12 said Frank Burke, who would be president and CEOof Directors, including Jason K. Lesser, a real estate developer who is chairmanm of theorganizing group, have committe d $3 million, Burke said. Organizers includr Lesser; Burke, who was a senior officer at the formee Republic Bankin St. Carrie Beth Baris, a shareholder in the Tamp law firmof ; Dean a retired furniture store owner from Illinois now residinvg in New Port Richey; Joseph former CFO of ; Richard Gehring, real estate developer and former mayor of Frederick Hemmer, president of in Oldsmar and formerr executive officer of Republic Bank; William Kimpton, a partner in the Clearwater law firm of ; and Jeffreu Lazar, retired engineer.
Robert Jason, who was executivwe vice president and CFO at the former in Palm would be senior vice president for operationw and CFOat Flagship. Flagship Bank plans to open its firstt facility on Tampa Roadin Oldsmar, in a formed office that it pending regulatory approval. Burke said that opening is targeted for An application filed with the also requests approval for asecondr facility, which would be located in a new 42,000-square-foot Clasws A office building on U.S. Highway 19 North, southj of Curlew Road. Construction of the new building, which wouls bear the bank's name and featurer the bank as its anchor would begin in May and be completec by the first quarterof 2006.
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