SEACOAST ANNOUNCES THE ACQUISITION OF APOLLO BANCSHARES, INC.
Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc., parent company of Apollo Bank based in Miami, FL. The proposed transaction will expand Seacoast’s presence in Miami-Dade County, part of the Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area, Florida’s largest MSA and the 8th largest in the nation.
