On The Move: Third 'In The Round' session added

A weekly roundup of business news

• Following the success of his first two "In The Round" informal business and organization community interest sessions, Orion Bank manager Keith Dameron has lined up a third.

To be held from 6:30 to 8:30 p.m. tonight, June 28, at Orion Bank, the session will feature Anne McDonald, president of the Marco Island Area Association of Realtors. Refreshments will be served.

McDonald will talk about "Paradise NOT Lost" on Marco Island from a real estate perspective, discussing current market conditions.

She will touch on a variety of issues, including what makes one's property valuable, whether it really is a buyers' market at the moment, the truth about prices and values in terms of shifts, whether or not to sell at the moment and myths in the real estate market.

Besides being president of the Marco Island Area Association of Realtors, McDonald is a former Realtor of the Year, a Diamond Society recipient through her company and has more than 34 years of real estate experience.

Dameron said questions from the floor will be welcome after McDonald's talk.

Seats are limited, but inquiries about availability can be made by calling 403-5169.

Orion Bank is at 605 Bald Eagle Drive at the intersection of Elkcam Circle E.

• There's a new magazine division aimed at the Southwest Florida market, including Marco Island.

John Fish, president and publisher of the Naples Daily News, a division of Collier County Publishing and the E.W. Scripps Co., has announced the launch of the E.W. Scripps Company's consumer magazine division for the Southwest Florida market.

The firm plans to consolidate its current product mix under a new, separate division.

The titles now published in the Southwest Florida market by E.W. Scripps Co. include Coastal Elegance and Wealth, a glossy, upscale lifestyle magazine with a distribution of more than 30,000 throughout the affluent communities of Collier and Lee counties; Destination Naples, a publication targeted to visitors and residents new to the area with an annual distribution of 120,000; Marco magazine, Marco Island's luxury lifestyle magazine with an exclusive mailed distribution to more than 10,000 homes on Marco Island, Isles of Capri, Mainsail Drive and Fiddler's Creek.

B.J. King, editor of Marco magazine, has been named director of the magazine division for Southwest Florida. King will retain editorial and sales responsibility for Marco magazine while growing market share and product development for the new division.

Revelers enjoy a Marco Island Chamber of Commerce 'After 5' function at the Star Bar in the Esplanade on Marco Island.

Photo by B.J. King, Marco Eagle

Revelers enjoy a Marco Island Chamber of Commerce "After 5" function at the Star Bar in the Esplanade on Marco Island.

"There was a definite need to consolidate these titles under one umbrella," Fish said.

"We wanted to better serve our advertisers and our readers through building and developing better products to satisfy their needs with more information, better quality and an expanding base of subject matter to target diverse audience needs."

The new division will be based in the Collier County corporate headquarters on Central Avenue in Naples with a satellite office on Marco Island.

• Calling it "a milestone" in the history of Orion Bancorp, CEO Jerry Williams recently announced it had surpassed the $2 billion milestone in total assets.

The Naples-based company has grown assets by more than $1 billion over the past two years, according to a statement by publicist Clay Cone of Cone Communications Company.

Williams said the growth had been made possible through loyal customer support, staff expertise and continued commitment.

During the past year, Orion has opened additional branches in Naples and Fort Myers and has expanded to the East Coast with its first offices in Palm Beach.

Williams said over the next three years Orion plans to open 15 to 18 additional branch locations, doubling the size of its current franchise in Florida.

Williams said a key strategy is enabling managers to make local-level decisions.

"(This is) so they can use their market knowledge and be much more responsive to customers who often need decisions made quickly," Williams said. "That is what distinguishes us from other banks and has enabled us to build long-term relationships."

Founded in 1977, Orion Bank is a wholly owned subsidiary of Naples-based Orion Bancorp Inc.

The company currently operates 18 full-service banking centers throughout Collier, Lee, Sarasota and Palm Beach counties, and the Florida Keys.

© 2006 marconews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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