Sabadell United Bank has completed its merger with TransAtlantic Bank, making it the fourth-largest Florida bank based in Miami-Dade County.

Sabadell United more than doubled its size, receiving $2.4 billion of assets and 20 branches in South Florida through the merger. The bank had nearly $1.8 billion of assets at June 30. The completed merger was announced Monday. Both banks were subsidiaries of the same parent company, Banco Sabadell Group.

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.