Meat market location returned to a financial institution | Company


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Many locals loved shopping at the old Petty Meat Market and lamented its closure in 2019.

Cypress Trust Company moved in later, but not before making the necessary extensive renovations.

“The building was in very good condition,” said Dana Kilborne, President and CEO of Cypress Trust Company. “We love the location and for our purposes the building envelope was not touched except to add windows and modifications to the interior.

In a nod to the building’s former tenant, Kilborne said the market’s commercial kitchen has been turned into an employee break room. The original granite top of an aluminum worktable, with cut marks and a missing corner, has been retained.

“We kept that (the granite countertop) and got a different table, and it serves as the break room table,” Kilborne said. “We couldn’t keep the keg,” she joked.

The interior of the building has a modern warehouse look with high open ceilings, slim rectangular linear pendant lights, artwork, and a coffee bar. The original concrete floors have been stripped of the old red paint and refurbished, bringing back their appeal.

With the new Melbourne location, the 25-year-old Palm Beach-based trust company now has six branches on the outskirts of the state. Having received approval from the State of Florida, Cypress Trust Company will also become a bank, offering banking services in addition to its current trust and management services this fall.

The new name will be Cypress Bank & Trust.

“Often times when a business owner or professional reaches a certain point in their career or in the life of their business, they often have the opportunity to sell their business or amass assets that they wish to invest or support. to the needs of his children or grandchildren. ” noted.

“The opportunity for us to have the trusted company in-house will allow our bankers to refer clients to someone they work with and for the client to have a more complete service offering. “

Cypress Bank & Trust will offer commercial products and a full line of consumer products.

“One of the things that was very interesting to us when we looked at the possibility of adding a bank was looking at the technological changes,” said Kilborne. “What COVID has taught is that it has really made banking faster from their phones and laptops.”

“We’ve had people come in,” Kilborne said of Melbourne’s new location. “We inevitably have the question of where the beer is,” she joked. “The reception in this base is very good. Were excited. “

For more information, visit cypresstrust.com or call the Brevard County branch at 321-306-4100.

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