Brazilian financial giant to buy BAC Florida Bank for $500 million


Banco Bradesco said it will use the acquired bank to expand its investment offerings in the United States.


Florida bank is biggest to be sold to a credit union


MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.


BankUnited in Fla. announces plan to boost annual profit by $60M


The company, which is planning to revamp its organizational structure, has seen a sharp increase in funding costs over the past year.


How Miami's smaller banks are protecting their turf


Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market.


Latest credit union-bank deal in Florida


Power Financial Credit Union's deal for TransCapital Bank marks the fourth time this year a bank has agreed to be sold to a credit union in that state.


De novos breed small businesses, Florida Bankers chief says


Alex Sanchez acknowledges that the U.S. has a lot of banks and many failed in the crisis, but he says a healthy economy needs a fresh supply of community lenders to nurture entrepreneurs.


Bankers fight bill to let credit unions take public deposits in Florida


State law bars credit unions from accepting deposits from cities, counties and other government entities. Florida banks say it should stay that way unless tax advantages for credit unions are removed, but credit unions counter that banks are trying to stifle competition.


Mercantil in South Florida adds OCC alumnus to board


John Quill, a former deputy comptroller, had a key role deciding which banks could participate in the Troubled Asset Relief Program.


BancorpSouth announces acquisitions in Florida, Texas


The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.


Organizers planning new bank in the Florida Keys


Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.