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Observations and musings on Jacksonville Politics

CFO Candidate’s Former Bank Among State’s Weakest

The Republican Party may want to re-think their strategy against former Bank of America Executive Alex Sink and her bid for the Governorship with this news about Jeff Atwater, the presumed front-runner for the GOP nomination for Florida CFO.

Riverside National Bank, where Senate President Jeff Atwater worked as a regional president, was again ranked among the weakest banks in the nation, according to a list from TheStreet.com. The bank, based in Fort Pierce, was also identified as deeply troubled and given one of the lowest safety ratings last month from BauerFinancial. Our story about that here.

Atwater, R-North Palm Beach, left the bank in February, but the association could haunt him in his upcoming campaign for state chief financial officer. The Republican Party of Florida, for example, opened the spin cycle of the 2010 campaign season by identifying Democrat Alex Sink, the state’s current CFO who is running for governor, as “banker Alex Sink.”

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