News Topic: florida

Fairwinds Credit Union will buy Friends Bank. It is the third time this year that the Florida bank has agreed to sell to a credit union. ... Read full article

The Lake Mary, Fla.-based credit union has agreed to buy Fidelity Bank of Florida for an undisclosed amount. ... Read full article

Police in Sebring, Fla., have yet to determine a motive for the attack in which four SunTrust workers and one customer were killed. The shooter, Zephen Allen Xaver, has been arraigned on five counts of first-degree murder. ... Read full article

The Florida company's earnings increased after it completed a big acquisition and produced strong year-over-year loan production. ... Read full article

The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia. ... Read full article

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission. ... Read full article

Silver River Community Bank is the fifth de novo in Florida to apply with the FDIC in the last three years. ... Read full article

Merchants has agreed to buy NattyMac, a company it has been in business with since 2014. ... Read full article

The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce. ... Read full article

The North Carolina regional bank will gain four locations and $834 million in loans. ... Read full article

The $263 million portfolio has been covered by a loss-share agreement since an investor group bought the failed BankUnited in 2009. ... Read full article

The $263 million portfolio has been covered by a loss-share agreement since an investor group bought the failed BankUnited in 2009. ... Read full article

City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing. ... Read full article

The change comes two months after the bank was spun off from its Venezuelan parent company. ... Read full article

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank. ... Read full article

The Office of the Comptroller of the Currency lowered the $14 billion-asset thrift in Cleveland to “needs to improve” from "satisfactory." ... Read full article

USAA will be eliminating 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit. ... Read full article

Seven other banks passed on a chance to bid on FCB Financial, perhaps showing the small pool of large buyers eager to make a big commitment to the Sunshine State. ... Read full article