Florida

The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast.

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.

Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.

Kenneth Lehman, a former banking attorney who acquires large stakes in small banks, will buy BankFlorida, which lost $555,000 through the first nine months of 2019.

CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies.

The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida.

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh.

The company will pay $64 million to significantly increase its scale in the Tampa Bay area.

The company acquired ResX Warehouse Lending from People's United Financial.

The Delray Beach-based institution will change its name later this year to better reflect the communities it serves and its growth beyond serving just IBM staff.

Executives at Beach Community want to pursue more acquisitions in central Florida.

The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes.

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.

The Tampa-based credit union will start the new year with a new CEO, as Robert Fisher retires after 29 years at the helm.

The company will significantly boost its origination volume after buying 51% of BrandMortgage.

Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020.

The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.

Short of replacing member service representatives with robots, artificial intelligence has the capacity to help credit unions make better lending decisions that can improve business.

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.

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