Ocean bank

An ocean bank, sometimes referred to as a fishing bank or simply bank, is a part of the sea which is shallow compared to its surrounding area, such as a shoal or the top of an underwater hill. Somewhat like continental slopes, ocean banks slopes can upwell as tidal and other flows intercept them, resulting sometimes in nutrient rich currents. Because of this, some large banks, such as Dogger Bank and the Grand Banks of Newfoundland, are among the richest fishing grounds in the world.

There are some banks that were reported in the 19th century by navigators, such as Wachusett Reef, whose existence is doubtful.

Types

Ocean banks may be of volcanic nature. Banks may be carbonate or terrigenous. In tropical areas some banks are submerged atolls. As they are not associated with any landmass, banks have no outside source of sediments. Carbonate banks are typically platforms, rising from the ocean depths, whereas terrigenous banks are elevated sedimentary deposits.

Seamounts, by contrast, are mountains, of volcanic origin, rising from the deep sea, and are steeper, and higher in comparison to the surrounding seabed. Examples are Pioneer and Guide Seamounts, west of the Farallon Islands. The Pioneer Seamount has a depth of 1,000 meters, In other cases, parts of a bank may reach above the water surface, thereby forming islands.

Ocean Bank

Ocean Bank is the largest independent state-chartered commercial bank headquartered in Florida Founded in 1982, Ocean Bank traditionally has been a bank used by real estate developers, construction companies and land owners. The bank also is aggressively positioned in the domestic and international private banking industry and in commercial and industrial loans.

The bank offers its customers financial products that include 24-hour banking services, Ocean Plus Home Banking from home or office, commercial and personal loans, factoring, cash management and merchant card services.

Community

The bank supports several community programs and education, including the United Way, the Orange Bowl Committee, Camillus House, Florida International University, Florida Memorial University, Belen Jesuit Preparatory School, The Carrolton School and The Dade Public Education Fund.

Executive Officers