Some community banks with roots in South Florida have branched into the Orlando area, especially in the last two years as they picked off more than $500 million of deposits. More may follow.
January 16, 2013 at 12:00 AM
1 minute read
Some community banks with roots in South Florida have branched into the Orlando area, especially in the last two years as they picked off more than $500 million of deposits, and more may follow.
“There is a lot going on in Central Florida, and it will get better as Florida gets better,” said Lynne Wines, president and chief executive officer of Boca Raton-based First Southern Bank, which acquired seven branch offices in the Orlando area two years ago.
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