Here’s where bankers see the best chances to grow loans in Florida

(Courtesy of Jacksonville Business Journal)     If the economic recovery in Florida were a baseball game, many of the state’s bankers believe the game is in the middle innings, but there’s a growing number who foresee the recovery drawing to a close. That’s a key takeaway from a Raymond James & Associates survey of … Continue reading Here’s where bankers see the best chances to grow loans in Florida

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The end of local banks in Jacksonville – Why this might matter to customers

(Courtesy of Jacksonville Business News)    FirstAtlantic agreed to an acquisition in August. The Jacksonville area has seen a mass exit of locally owned and operated banks over the last 15 years through closures and acquisitions. A dozen local banks in Northeast Florida have closed or been acquired since 2002, Federal Deposit Insurance Corporation records … Continue reading The end of local banks in Jacksonville – Why this might matter to customers

Jax among the best places to live for finance professionals

(Courtesy of Jacksonville Business News)   Jacksonville is among the best cities in the country to live if you are a financial professional, according to apartment-finder Abodo.   Jacksonville landed 17th in the nation among places to live for financial professionals in an Abodo ranking that considered job concentration, salary, rent and more. Jacksonville was … Continue reading Jax among the best places to live for finance professionals

National Commerce Corp. talks FirstAtlantic acquisition

(Courtesy of Jacksonville Business Journal) National Commerce Corporation (Nasdaq: NCOM), the Alabama-based parent company of the National Bank of Commerce, held a conference call with investors Thursday about its definitive agreement to acquire Jacksonville-based FirstAtlantic Financial Holdings, Inc.(OTCQX: FFHD), parent company of FirstAtlantic Bank. "We're very excited about the FirstAtlantic management team, the franchise they … Continue reading National Commerce Corp. talks FirstAtlantic acquisition

Fidelity National Financial sells a subsidiary for $560M cash

(Courtesy of Jacksonville Business Journal) Jacksonville-headquartered Fidelity National Financial announced Monday it had signed an agreement to sell one of its subsidiaries for $560 million in cash to a New York-based private equity firm. Fidelity purchased One Digital Health and Benefits about four years ago. The Atlanta-based company then purchased two Jacksonville-headquartered companies: Compass Consulting … Continue reading Fidelity National Financial sells a subsidiary for $560M cash