Florida

Sunshine Bancorp in Plant City, Fla., has agreed to buy two branches from First Federal Bank of Florida.

Regions Financial in Birmingham, Ala., said in a press release that it had absorbed Ronald F. Holehouse Agency and its team of agents. Regions did not disclose how much it paid for the insurance agency’s client accounts.

Sunshine Financial in Tallahassee, Fla., has asked for permission to switch to a state bank charter from a federal thrift charter.

The $1.2 billion-asset National Commerce said in a press release Tuesday that it will pay about $37 million in cash and stock for the $300 million-asset Reunion Bank.

Diane Bailey Morton was named the $1.6 billion-asset C1's chief human capital officer and general counsel, while Dustin Symes will head up retail lending operations.

New data from the League of Southeastern Credit Unions found that CUs in Florida and Alabama added more than 100,000 new members during the first three months of 2015 as well as some other impressive gains.

Atlantic Coast Financial in Jacksonville, Fla., is in talks to restructure its debt and has reversed the valuation allowance on a deferred tax asset.

Valley National Bancorp in Wayne, N.J., announced its second deal in Florida, a state that has been difficult for other out-of-state banks to enter.

Valley National Bancorp in Wayne, N.J., has agreed to buy CNLBancshares in Orlando, Fla.

Stonegate Bank in Pompano Beach, Fla., has confirmed that it will provide a bank account to the Cuban government.

Fidelity Southern in Atlanta has agreed to buy the Florida branch network of First Banks Inc. of Clayton, Mo.

First Capital Holdings in New York has shed three businesses.

Seacoast Banking Corp. of Florida in Stuart has acquired First Growth Capital, a firm that handles receivables funding.

BankUnited in Miami Lakes, Fla., has hired Hakim Kassam, a former Wells Fargo banker, to run its small business finance department.

As big retailers like Walmart are more actively pushing consumers away from signature-based transactions to PIN-based transactions, credit unions stand to lose precious interchange income. But industry insiders suggest CUs may have some tricks up their sleeve to mitigate this challenge.

Achieva Credit Union in Dunedin, Fla., has agreed to buy Calusa Bank in Punta Gorda, Fla.

Pinnacle Financial Partners in Nashville, Tenn., has agreed to buy Magna Bank in Memphis, Tenn.

Palm Beach Gardens, Fla. — Florida Credit Unions Shared Services, Inc. (FCUSS), a CUSO providing the state of Florida with shared branching network services, announced a $551,753 patronage rebate and dividend to its participating CUs and stockholders.

Jacksonville, Fla. — 121 Financial Credit Union has named Bruce Fafard as its new President and CEO, succeeding Bill Braddock, who had served as CEO of the $500 million CU for 28 years.

BankUnited in Miami Lakes, Fla., reported lower quarterly profit as its noninterest expenses rose.