News Topic: florida

The Los Angeles bank is taking its wealth management and entertainment financing businesses to Miami and Long Island as part of its effort to expand nationally. ... Read full article

The Columbus, Ga., company had been counting on increased volume to offset a squeeze in net interest margins. ... Read full article

OUR Community Bank would focus on small-business loans with an emphasis on underserved Hispanic and Latino communities in South Florida. ... Read full article

Surety's first online bank, booyah, is aimed at college students and young grads. ... Read full article

Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January. ... Read full article

The Miami unit of Chile’s Banco de Credito e Inversiones is acquiring Executive National Bank. It bought Miami's TotalBank last year. ... Read full article

The Florida banks had spent years addressing credit quality and capital issues. ... Read full article

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank. ... Read full article

An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do. ... Read full article

Organizers of Silver River Community Bank must raise $17 million before opening. ... Read full article

Professional Bank and Marquis Bank, both of Coral Gables, have been competing against each other for more than a decade. Now they are merging in hopes of landing larger clients and making better use of technology being developed in Professional's ... Read full article

The companies said the merger will provide scale and help them update technology more efficiently. ... Read full article

State regulator Ron Rubin had been asked to resign in May over a sexual harassment complaint, but he attempted to fight the allegations. ... Read full article

The Mississippi bank has agreed to buy First Florida Bancorp in Destin, Fla., as part of its plan to build a community bank stretching across the Gulf region. ... Read full article

The Georgia regional plans to open more branches in the state as it looks to loan growth and fees as a way to offset intense competition for deposits. ... Read full article

First American Bank agreed to sell its Iowa branches to GreenState just weeks after arranging the transfer of its Florida locations to another credit union. ... Read full article

Ron Rubin, on leave after a sexual harassment complaint, filed a lawsuit claiming that the state's chief financial officer, through an intermediary, sought a $1 million contribution as part of a quid pro quo to get the job. ... Read full article

Lynn Harton, the Georgia bank's CEO and a 20-year BB&T veteran, is considering acquisitions in Alabama, Florida and Tennessee markets where the entity soon to be named Truist Financial has a high profile. ... Read full article