Announced
Completed
Financials
Tags
Acquisition
Banks
Friendly
Private
United States
bank
Domestic
Majority
Single Bidder
Completed
Synopsis
Seacoast, a holding company for Seacoast National Bank, completed the acquisition of Sabal Palm Bank, a full-service bank, for $53.9m. “Sabal Palm Bank has always been passionate about serving the needs of our community and working side by side with our customers to help them achieve their financial goals. We are delighted to partner with Seacoast, which shares our values and has been serving Florida consumers and businesses for more than 90 years,” Neil McCurry, Sabal Palm Bancorp President and CEO.
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