News Topic: florida

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms. ... Read full article

The hurricane was expected by many to deliver catastrophe. Instead, bankers are largely looking to restore power and confirm the status of employees. ... Read full article

The agency has earmarked all funds from a Hurricane Harvey recovery package for direct relief, despite calls to get more bankers involved in the process. It remains to be seen how the agency will handle the cleanup for Hurricane Irma. ... Read full article

Texas bankers recovering from Hurricane Harvey are reflecting on their experiences, identifying what went right and what they could do better. Their views could prove useful to Florida bankers hurriedly preparing for the nation's next big hurricane. ... Read full article

Messaging services, mobile banking and remote deposit capture are expected to help Florida banks that aim to keep up with employees and offer uninterrupted service to customers. ... Read full article

The Alabama company agreed to buy FirstAtlantic Financial for $108 million. ... Read full article

Like many banks its size, CenterState in Florida may need to venture out of state to find a big enough acquisition to make additional compliance costs worthwhile. ... Read full article

The Florida company will pay nearly $600 million to buy HCBF Holding and Sunshine Bancorp. ... Read full article

Lake Michigan Credit Union’s deal for Encore Bank would give it a total of 10 branches on the Florida Gulf Coast. ... Read full article

Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks. ... Read full article

The acquisition would be Valley's third in the Sunshine State since 2014 and would give the New Jersey company its first branches in Alabama. ... Read full article

First Home Bank raised nearly 20% more than it sought from investors, providing proof that Florida — especially the Tampa Bay area — is a hotbed of activity. ... Read full article

The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume. ... Read full article

Mackinac Savings Bank is the first bank acquisition for IBM Southeast Employees’ Credit Union. ... Read full article

Customers Bancorp is weighing two cash offers and other options for BankMobile after Flagship Community Bank was unable to raise the capital needed to buy the unit. ... Read full article

The bank, based on the east coast of Florida, is bulking up on the Gulf. It has agreed to buy NorthStar Bank in Tampa a month after buying another bank in the same city. ... Read full article

Seacoast will pay $71 million in cash and stock in a deal that is expected to close in the third quarter. ... Read full article

First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition. ... Read full article