Harbor Florida Bancorp, one of the state's biggest homegrown banking companies, is going to shed its mutual status so it can better play the acquisition game.

Michael E. Brown, president and chief executive officer, said the strong market for bank stocks convinced executives of Fort Pierce-based Harbor that it should go completely public.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.