Florida

ORLANDO — CUSO leaders were given an update on NCUA's relatively new oversight of their operations by a trio of agency reps at the NACUSO annual meeting here.

ORLANDO, Fla. — Virtual currencies such as Bitcoin are largely viewed skeptically by credit unions as a potential threat, but at least one person sees some opportunities for revenue.

Iberiabank (IBKC) in Lafayette, La., is seeking federal approval to convert a Fort Lauderdale loan production office into a full-service branch.

Banco Santander SA (SAN), Spain's biggest bank, bought the private banking unit of BNP Paribas SA (BNP) in Miami to help to win more business from wealthy Latin American clients, two people with knowledge of the matter said.

Gulf Coast Community Bank in Pensacola, Fla., has taken a significant step towards long-term recovery.

Drew Breakspear spent decades as a banker before becoming the top industry enforcer in Florida. He is empathetic to banks, realizes the growing importance of virtual currencies like Bitcoin and believes more bankers should serve on the Fed's Board of Governors.

Hancock Holding (HBHC) in Gulfport, Miss., has agreed to sell its property and casualty and group benefits lines of business to AssuredPartners in Lake Mary, Fla.

Coconut Grove Bank in Miami has appointed Donald Putnam chief lending officer.

Diebold is partnering with the $5.5 billion-asset Suncoast CU to test an ATM that reuses consumer-deposited cash for future withdrawals. Tampa, Fla.-based Suncoast is the first financial institution in the U.S. to test the technology.

Diebold is partnering with the $5.5 billion-asset Suncoast CU to test an ATM that reuses consumer-deposited cash for future withdrawals. Tampa, Fla.-based Suncoast is the first financial institution in the U.S. to test the technology.

LAKE MARY, Fla. — CFE FCU has selected Symitar's Episys system as its new core processing solution, replacing a system it had used for more than 30 years.

Seacoast Banking Corp. of Florida (SBCF) in Stuart has filed a shelf registration to issue up to $150 million in debt and securities.

TAMPA, Fla. — Bill Cheney's decision to leave CUNA to lead SchoolsFirst FCU not only surprised the credit union community, it also has some executives wondering how the leadership change will impact the trade association's work this year, particularly around the taxation fight.

There is a lot of work to be done behind the scenes before Citizens can become independent of Royal Bank of Scotland, including the establishment of new technological, administrative and financial reporting systems, CEO Bruce Van Saun says.

A Florida woman has accused the New York bank of relying on robo-signed documents as it tried to collect unpaid credit card balances. She seeks class-action status for her lawsuit.

TAMPA, Fla. — From smartphone control of plastic to a growing need for tokenization, all the data breaches that have occurred in the last six months have created a buzz among analysts about how the compromises will affect cardholders and FIs.

A trio of mutual thrifts have filed paperwork to sell a total of $350 million in stock as part of planned conversions to stock companies.

BankUnited (BKU) in Miami Lakes, Fla., has hired a former insurance agency executive to oversee its retail operations in Florida.

FBC Mortgage, a unit of the investment bank Sterne Agee Group, is seeking loan referral partnerships with community banks. In a recent deal it also hired HomeBanc's mortgage personnel.

Four private-equity investors have sold their remaining stakes in BankUnited (BKU) in Miami Lakes, Fla., for almost $393 million.