CenterState Banks Inc acquires two banks for $593 million

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Posted by: Nick Strite Category: Business Comments: 0 Post Date: August 17, 2017

CenterState Banks Inc acquires two banks for $593 million

The Tampa Bay Business Journal reports that CenterState Banks has purchased Sunshine Bancorp Inc. and HCBF Holding Co. Inc. making it the fourth largest bank headquartered in the state of Florida.

The important part of the press release regarding the deal is that CenterState will take possession of $10.1 billion in assets, $6.6 billion in loans, $8.1 billion in deposits and an expanded presence in key Florida markets. We are passionate about relationships between business’ and the people they serve. This particular story strikes a chord with the people of Florida as CenterState will now be responsible for the wealth of many Florida residents.centerstate bank

When you search for a loan or a bank to hold your wealth at, you form a trusting relationship with that financial institution. The clients of Sunshine Bancorp and HCBF put time and effort into looking for a friendly and smart brand to look out for them in one of the most important financial relationship decisions anyone can make.

Triad Cleaning Solutions values the client relationships we build and we hope CenterState Bank does as well. They now hold an even greater stake in the success of the fine people of Florida and it is important to recognize the value of the relationships that they have taken under their financial wing.

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