Our History

Founded by businessman and attorney Hamilton Upchurch, Prosperity Bank opened its doors on February 14, 1984 and flourished with a vision of hard work, dedicated people, superior financial products and a strong desire to help build the communities it serves through consistent volunteer outreach.

Headquartered in St. Augustine, Florida, the bank was originally known as Prosperity Bank of St. Augustine. By 1995, the bank had grown to $40 million in assets. At that time, Vernon Smith, the founder and CEO of Riverside National Bank, as well as other investors, joined Hamilton Upchurch in ownership of the bank. Two years later, the name changed to Prosperity Bank to reflect its growth outside of the St. Augustine area. Eddie Creamer accepted the leadership of the bank and continues today as President and Chief Executive Officer. 

Currently, Prosperity is a $1.2 Billion community bank with 20 banking offices and 20 ATMs located within Bay, Clay, Duval, Flagler, Gulf, Nassau, Putnam, St. Johns and Volusia counties. Prosperity Bank offers a complete line of banking and other related financial services to commercial and retail customers. There are also 250 employees ready to assist with financial solutions to help make their customers' dreams come true.

Through the efficient implementation of our business plan, we can enjoy the success of being the 15th largest bank chartered in Florida, one of the Top Ten High Performing Banks and Thrifts, by Allen C. Ewing and Company in 2003 and 2004, one of the 25 Companies That Care by Jacksonville Magazine, and a recipient of the Florida Governor's Business Partner Award for Excellence for our partnership with the Bay County School District. In 2007, Prosperity Bank was recognized by the Jacksonville Business Journal as one of the Top 50 Fastest Growing Private Companies in Northeast Florida, voted "Best Bank" for the ninth year in a row by the St. Augustine Record, and selected as the Clay County Business Excellence Award recipient by the Clay County Chamber of Commerce.

Our vision is simple. We place our employees first by enriching their lives through programs that encourage their growth and development as well as championing their efforts to support the community. By doing so, our bank continues to thrive on a system of values that clearly defines who we are.