Florida Community buyout completed

Synovus Financial Corp., led by CEO Kessel Stelling, completed the acquisition of FCB Financial Holding, the parent company of Florida Community Bank. Florida Community had $12.2 billion in assets at the end of the third quarter and 51 branches. Synovus is a top five regional bank by deposits in the Southeast, with approximately $45 billion in assets, $37 billion in deposits, $35 billion in loans and 300 branches.

Kevin Gale
kgale@sfbwmag.com
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