Regions Financial Corp. in Birmingham, Ala., has closed its acquisition of East Coast Bank Corp. in Ormond Beach, Fla.

East Coast, the parent of Bank at Ormond-By-The-Sea, operates three branches on Florida's Atlantic Coast with total assets of $104 million. Regions, with $43 billion of assets, has 750 branches in eight states from Texas to Florida.

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.