Miami’s smallest Banks are protecting themselves
The largest banks in Miami city have been regularly sold since 2018. Since then, 24 business agreements have been signed , in which the sales of TotalBank, F.C.B. Financial and Gibraltar Private Bank are included. TransCapital Bank, located in Sunrise, Florida, was likewise sold in March of this year, being acquired by the Power Financial Credit Union by $655mil , in Pembroke Pines. TransCapital Bank was a retail commercial bank found in South Florida with over $2.700mil in assets spread through 19 different offices in the Miami-Dade County, from where it offered its banking services to national and international corporations, small businesses and particular clients. F.C.B. Financial Holdings sponsored many products and financial services to individuals, small, medium and large businesses, as well as other entities and organizations located in South and Central Florida . M...