Regulators close Florida bank in third failure of 2020


First City Bank of Florida had suffered “longstanding capital and asset quality issues” that were unrelated to the pandemic, the FDIC said.


Group with ties to Michigan brokerage firm applies to form a bank


The proposed Multi-Bank shares an address with the Fort Lauderdale, Fla., office of Multi-Bank Securities.


Organizers propose 'values-based' bank in Florida


Climate First Bank, which would be led by veteran banker Ken LaRoe, would offer loans to help individuals and organizations make environmentally sound decisions.


Retired Vantage West CEO takes over at We Florida Financial


Robert D. Ramirez has accepted the top job at the South Florida credit union as it attempts to turn around following a steep decline in earnings and a jump in charge-offs.


Florida trust company applies to become a state-chartered bank


Cypress Trust Co. has requested deposit insurance from the Federal Deposit Insurance Corp.


Few companies have tapped the Fed's Main Street program


Just eight loans had been made as of late July, six of them through a single community bank in Florida, according to new data on the federal rescue program for small and midsize companies hurt by the pandemic.


Amerant in Florida discloses loan exposure to coffee trader


The company said it recorded a large loan-loss provision in the second quarter to reflect Coex Coffee International's pending liquidation.


Coronavirus 'affirmed rationale' behind CenterState-South State deal: CEO


⁠John Corbett says building scale, lowering costs and strengthening technology offerings have become more critical for banks to stay competitive.


Dennis Hudson retiring as CEO of Seacoast in Florida


Chuck Shaffer will take the helm in January, becoming the first leader outside of the Hudson family since the bank's formation in 1926.


Coronavirus undermines de novo bank effort in Florida


Organizers of Coastal Community Bank withdrew their application after the pandemic disrupted efforts to raise capital.