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.