florida

Regulators close Florida bank in third failure of 2020

10/16/20

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

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

10/07/20

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

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Organizers propose 'values-based' bank in Florida

10/05/20

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

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Retired Vantage West CEO takes over at We Florida Financial

09/30/20

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.

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Florida trust company applies to become a state-chartered bank

08/07/20

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

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Few companies have tapped the Fed's Main Street program

08/06/20

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.

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Amerant in Florida discloses loan exposure to coffee trader

07/17/20

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

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

06/22/20

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

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Dennis Hudson retiring as CEO of Seacoast in Florida

06/15/20

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

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Coronavirus undermines de novo bank effort in Florida

06/11/20

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

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