William J. Penney
President, CEO of Marine Bank & Trust

Bill Penney
President & CEO
Thank you to Treasure Coast Business for profiling Bill Penney among the local leaders who are having a positive effect on the development of our community, its residents and especially our youth.



William J. Penney
President, CEO, Board Chairman of Marine Bank & Trust, Vero Beach


William “Bill” Penney was born and raised in West Palm Beach and has lived in Vero Beach since 1984. He graduated from Palm Beach Junior College, Florida Atlantic University and the School of Banking of the South at Louisiana State University.
He has worked at Marine Bank & Trust for 18 years; 12 years as president and CEO and eight years as chairman of the board.
An avid cyclist, he rode 65 miles to celebrate his 65th birthday in 2021 and raised $12,000 for the Alzheimer’s & Parkinson Association of Indian River County.

Whom on the Treasure Coast do you most admire and why?

I have great admiration for all the entrepreneurs that have opened businesses. It takes a lot of determination and sacrifice, but the result has a domino effect. Businesses create jobs, wealth and resources that contribute to the quality of life in our community.

How do you think people would communicate in a perfect world?


From Stephen R. Covey’s The 7 Habits of Highly Effective People: Seek first to understand, then be understood.

Have you ever watched a movie and gained a new perspective on life? What movie was it and what did you learn?

It’s a Wonderful Life with Jimmy Stewart is a great example of the lasting and positive impact that community bankers can have on their communities.