Coastal Bank

Status:Inactive as of 05/06/2011
 Absorption - Assisted
Successor Bank:Florida Community Bank
Headquarters:Coastal Bank
1701 North Atlantic Avenue
Cocoa Beach, FL 32931
Established:02/17/1999
FDIC Insurance:02/17/1999
FDIC Cert:#34898
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$129,429,000
Total Deposits:$123,950,000

History

1999-02-17Institution established: Original name:Coastal Bank
2010-09-02Moved bank headquarters from MERRITT ISLAND, FL to COCOA BEACH, FL
2011-05-06Failed. Acquired with government financial assistance and subsequently operated as part of Premier American Bank, National Association (58991)
2011-07-15Acquired First Peoples Bank (34870) in PORT SAINT LUCIE, FL as part of a government assisted transaction.
2011-07-25Changed name to Florida Community Bank, National Association (58991)
2012-01-17Moved bank headquarters from COCOA BEACH, FL to WESTON, FL
2014-02-01Acquired Great Florida Bank (57719) in CORAL GABLES, FL
2018-03-01Acquired Floridian Community Bank, Inc. (57382) in DAVIE, FL
2019-01-01Merged into and subsequently operated as part of Synovus Bank (873) in COLUMBUS, GA

Financial Information (2011-03-31 and Older)