Seacoast Completes Acquisitions Of Apollo Bancshares, Inc. And Drummond Banking Company
Acquiring Company
Seacoast Banking
Acquired Company
Apollo Bancshares
StuartStuartFinancial ServicesSoftwareMedia And EntertainmentFinanceLendingBankingFinancial ServicesSoftwareMedia And EntertainmentFinanceLendingBankingDescription
Seacoast Banking Corporation of Florida (NASDAQ: SBCF) ("Seacoast" or the "Company"), the holding company for Seacoast National Bank, announced today the completion of its acquisitions of Apollo Bancshares, Inc. (“Apollo”), parent company of Apollo Bank and of Drummond Banking Company (“Drummond”), parent company of Drummond Community Bank effective October 7, 2022. The mergers of Apollo Bank and Drummond Community Bank with and into Seacoast National Bank were also effective October 7, 2022 with Seacoast National Bank being the surviving financial institution.
Quick answer
Seacoast Banking is acquiring Apollo Bancshares and Seacoast Banking, announced October 7, 2022. Seacoast Banking is based in Stuart, Florida, United States.
- How much did Seacoast Banking pay for Apollo Bancshares?
- The deal value was not disclosed.
- What does Seacoast Banking do?
- Since 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth and talented, professional employees.
- Where are Seacoast Banking and Apollo Bancshares based?
- Seacoast Banking is based in Stuart, Florida, United States.
- Who are the decision-makers at Seacoast Banking?
- Fundz holds 2 contacts at Seacoast Banking. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Seacoast Banking, and when
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Frequently asked
Who acquired Apollo Bancshares?
Apollo Bancshares was acquired by Seacoast Banking, based in Stuart. The deal was reported on October 7, 2022. Since 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth and talented, professional employees. Seacoast Banking is privately held and operates in Financial Services.
When did Seacoast Banking acquire Apollo Bancshares?
Seacoast Banking's acquisition of Apollo Bancshares was reported on October 7, 2022. Seacoast Banking Corporation of Florida (NASDAQ: SBCF) ("Seacoast" or the "Company"), the holding company for Seacoast National Bank, announced today the completion of its acquisitions of Apollo Bancshares, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Apollo Bancshares do?
Apollo Bank - A new banking experience It is privately held.
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