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Tampa-St. Pete credit scores

The median credit score for Tampa and St. Petersburg residents is lower than average, a study from WalletHub shows. St. Pete’s median score was 675, ranking the city No. 1,597 among 2,572 cities. Tampa ranked No. 1,979, with a median score of 663.

Clearwater cyber expert heads national group

John McCumber, (ISC)² director of cybersecurity advocacy, North America, is the new co-chair for the National Initiative for Cybersecurity Education Training and Certifications subworking group. (ISC)² is a nonprofit membership organization in Clearwater.

Strickland Property Group sells to Douglas Elliman

Residential real estate brokerage Douglas Elliman expanded to Florida’s west coast with the acquisition of Strickland Property Group in St. Petersburg. Financial terms were not disclosed. Founder and CEO Bonnie Strickland and her team will stay on.

Kobie hires new president

Marti Beller is the new president of Kobie, a loyalty marketing company in St. Petersburg. Beller previously was senior vice president of global loyalty products and platforms at Mastercard. Beller will help Kobie expand its offerings, said CEO Brad Hechtkopf.

State insurance leader gets national post

Florida Insurance Commissioner David Altmaier was elected to serve as vice president of the National Association of Insurance Commissioners, effective immediately. Altmaier said he would continue to serve in his state role.

Ballast Point company gets PE investment

 YPrime, a healthcare software company in Pennsylvania, received a significant investment from private equity firm Flexpoint Ford. Ballast Point Ventures in Tampa has backed YPrime since 2013 and said it will retain a minority stake.

WellCare revenue tops $20B

WellCare Health Plans posted sales and profit gains last year. Net income for the managed health care provider was $439.8 million, or $9.29 a share, on revenue of $20.4 billion.  In a news release, the Tampa company increased earnings guidance for 2019.

Vinoy sale honored

 The $185 million sale of the Renaissance Vinoy last year was a finalist for “Transaction of the Year,” one of several awards at the Americas Lodging Investment Summit. A group led by Tampa Bay Buccaneers co-owner Bryan Glazer bought the hotel from RLJ Lodging Trust.

Leadership shift at Bank of Tampa

The Bank of Tampa named Scott Gault as market president for Hillsborough County. Gault previously was market president for Pinellas County. A new Pinellas president has not been named. Gault will continue to lead the bank’s SBA and treasury services.

Synovus closes FCB branch in Tampa

A month after Synovus Financial bought FCB Financial Holdings, Synovus said it will close the FCB branch at 130 S. Westshore Blvd. in Tampa. It will close on May 3. There are nearby branches at 4488 W. Boy Scout Blvd. and 4003 W. Neptune St.

Free cyber guide for business

The Florida Center for Cybersecurity published Cyber Defense for SMBs, a free resource for small and medium-sized businesses, to help them be better prepared to respond to and recover from cyberattacks. It’s available for download here.  

Florida Institute of Oceanography gets grant

The Florida Institute of Oceanography at USF will receive a $1.9 million grant. The funding will continue to support a fisheries and spawning habitat research effort launched from a previous grant, said U.S. Rep. Kathy Castor.

The St. Pete Catalyst

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