Florida Community Bank
Corporate brand
UnclaimedA former Florida-based community bank that expanded through acquisitions before being acquired by Synovus in 2019.
Last updated August 24, 2026
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Overview
Florida Community Bank, commonly known as FCB, was an American community bank headquartered in Weston, Florida. It provided consumer and business banking services through a statewide branch network and developed into one of the largest independent Florida-based banks before its acquisition by Synovus in January 2019. The brand’s historical roots reached back to 1923, when the legacy Florida Community Bank was established in Immokalee and became the first bank founded in Collier County. The name was later revived and expanded during the consolidation of Florida’s banking sector following the financial crisis. Bond Street Holdings Inc., a Weston-based bank holding company, acquired Florida Community Bank and Premier American Bank in January 2010 after raising capital through private placements. The holding company used acquisitions, including purchases of failed or financially troubled institutions, to assemble a larger Florida banking franchise. In July 2011, Premier American Bank adopted the Florida Community Bank name. The rebranding relied on the historical recognition of the Florida Community Bank name and its existing customer base, while allowing the combined institution to present a unified statewide identity. Bond Street Holdings subsequently combined the operations of several other Florida banks under the FCB platform, including Peninsula Bank, Sunshine State Community Bank, First National Bank of Central Florida, Cortez Community Bank, Coastal Bank, First Peoples Bank, and Great Florida Bank. During the early 2010s, FCB shifted from rapid acquisition toward integration and organic expansion. It moved its headquarters to Weston in 2012 and expanded across major Florida metropolitan areas, including Miami, Orlando, and West Palm Beach. The bank ultimately operated 54 banking centers and reached approximately $9 billion in assets, making it the fourth-largest independent Florida-based bank according to the referenced Wikipedia account. Its business scope included retail deposits and lending, consumer banking, commercial banking, and services for small and medium-sized businesses. The bank also pursued further strategic expansion. An attempted acquisition of Atlantic Coast Financial Corporation and its subsidiary, Atlantic Coast Bank, did not proceed after Atlantic Coast Financial shareholders rejected the transaction in June 2013. FCB later announced an agreement to acquire troubled Great Florida Bank in July 2013; that transaction closed in January 2014. In January 2019, Synovus acquired Florida Community Bank, ending its existence as an independent banking brand. The available reference material does not specify the precise post-acquisition treatment of every branch, product, or customer account.
History
Florida Community Bank’s historical identity originated in 1923, when a bank was established in Immokalee and became the first bank founded in Collier County. The name later became associated with a broader statewide banking platform assembled during the aftermath of the 2007–2009 financial crisis. In late 2009, Bond Street Holdings Inc. raised $440 million through a private placement to fund bank acquisitions. In January 2010, the holding company completed its first two acquisitions: Premier American Bank of Miami and Florida Community Bank of Immokalee. Bond Street Holdings raised a further $300 million during 2010, with approximately half of that second financing reportedly coming from existing shareholders. These transactions provided the capital base for an acquisition-led expansion strategy. The holding company added Peninsula Bank of Englewood in June 2010. It acquired Sunshine State Community Bank of Port Orange in February 2011, followed in April 2011 by First National Bank of Central Florida of Winter Park and Cortez Community Bank of Brooksville. Coastal Bank of Cocoa Beach was added in May 2011, and First Peoples Bank of Port St. Lucie followed in July 2011. Also in July 2011, the platform changed its name from Premier American Bank to Florida Community Bank. The rebranding gave the combined organization a single identity and drew on the historical Florida Community Bank name. The name was also associated with a comparatively large customer base at the time, reducing the disruption that might have resulted from introducing an entirely new brand across the acquired institutions. In 2012, Florida Community Bank moved its headquarters to Weston, Florida. After the acquisition phase, management emphasized integration and organic growth. The bank expanded its branch footprint across major Florida markets, including the metropolitan areas around Miami, Orlando, and West Palm Beach. Through acquisitions and internal expansion, it became a large statewide community-banking franchise with 54 banking centers and approximately $9 billion in assets. The referenced account describes it as the fourth-largest independent bank based in Florida at that stage. FCB continued to consider additional expansion opportunities. In early 2013, it attempted to acquire Atlantic Coast Financial Corporation and its subsidiary, Atlantic Coast Bank. Atlantic Coast Financial shareholders rejected the proposal in June 2013, so the transaction did not close. In July 2013, FCB announced an agreement to acquire troubled Great Florida Bank. That acquisition was completed in January 2014 and added another Florida banking operation to the platform. The bank’s growth was connected to a wider consolidation of Florida’s banking industry. Bond Street Holdings’ acquisition program included eight other Florida-based banks in addition to Florida Community Bank: Premier American Bank, Peninsula Bank, Sunshine State Community Bank, First National Bank of Central Florida, Cortez Community Bank, Coastal Bank, First Peoples Bank, and Great Florida Bank. These transactions helped create a statewide institution from several local franchises. In January 2019, Synovus acquired Florida Community Bank. The acquisition marked the end of FCB as an independent bank and concluded the brand’s development from a historically local institution into a larger Florida banking network. The supplied sources do not provide a detailed account of the subsequent integration of its branches, employees, products, or customer relationships.
- 2019
Acquired by Synovus
[1]Synovus acquired Florida Community Bank in January, ending its status as an independent bank.
- 2014
Great Florida Bank acquisition completed
[1]The acquisition announced in 2013 was completed in January 2014.
- 2013
Atlantic Coast transaction rejected
[1]Shareholders of Atlantic Coast Financial Corporation voted down FCB’s proposed acquisition of the company and its bank subsidiary.
- 2012
Headquarters moved to Weston
[1]The bank relocated its headquarters to Weston and focused on integration and organic growth.
- 2011
Multiple Florida banks added
[1]Sunshine State Community Bank, First National Bank of Central Florida, Cortez Community Bank, Coastal Bank, and First Peoples Bank joined the expanding platform.
- 2011
Premier American Bank renamed Florida Community Bank
[1]The platform adopted the Florida Community Bank name in July, creating a unified identity for its expanding Florida operations.
- 2010
Acquisition by Bond Street Holdings
[1]Bond Street Holdings acquired Florida Community Bank and Premier American Bank in January as the foundation of a broader Florida banking platform.
- 2010
Peninsula Bank acquired
[1]Bond Street Holdings added Peninsula Bank of Englewood in June.
- 1923
Legacy Florida Community Bank founded
[1]The historical Florida Community Bank was established in Immokalee and became the first bank founded in Collier County.
Products and positioning
A Florida-focused community bank combining local-market banking with statewide scale, serving consumers, small businesses, and commercial customers through branches and acquired banking franchises.
Retail banking
Consumer banking
Florida Community Bank served individual customers through community-banking products and branch-based services. The supplied reference identifies consumer banking as one of the institution’s principal activities, but does not provide a detailed catalog of specific account types, fees, digital tools, or lending products.
Commercial banking
Business banking
The bank provided banking services to businesses and commercial customers across Florida. Its business scope formed part of the institution’s community-bank positioning, although the available reference does not specify individual treasury-management, cash-management, credit, or industry-specialist offerings.
Banking services
Branch banking services
FCB operated a large Florida branch network that reached 54 banking centers at its reported peak. The network served customers in major metropolitan areas including Miami, Orlando, and West Palm Beach, combining the local presence of acquired banks with a unified statewide brand.
Brand decisions
2019
Acquisition by SynovusM&ABackground
After building a statewide Florida banking franchise through acquisitions and organic expansion, FCB became the subject of a larger-bank acquisition.
Action taken
Synovus acquired Florida Community Bank in January 2019.
Aftermath
Florida Community Bank ceased to operate as an independent bank and its brand entered the Synovus organization.
2013
Attempted acquisition of Atlantic Coast FinancialM&ABackground
Florida Community Bank sought additional Florida expansion by pursuing Atlantic Coast Financial Corporation and its subsidiary, Atlantic Coast Bank.
Action taken
FCB proposed the acquisition, but Atlantic Coast Financial shareholders voted against the transaction in June 2013.
Aftermath
The proposed combination was abandoned and Atlantic Coast did not become part of the FCB platform.
2013
Announced acquisition of Great Florida BankM&ABackground
Great Florida Bank was described in the reference material as troubled, creating an opportunity for FCB to expand its Florida franchise through a rescue-oriented acquisition.
Action taken
Florida Community Bank announced the acquisition in July 2013 and completed it in January 2014.
Aftermath
Great Florida Bank became part of the expanding Florida Community Bank platform.
2011
Adopted the Florida Community Bank brandStrategyBackground
Bond Street Holdings had assembled several Florida banking institutions and needed a common identity for the combined platform.
Action taken
In July 2011, the organization changed its name from Premier American Bank to Florida Community Bank, drawing on the historical name and its existing customer recognition.
Aftermath
The renamed institution continued expanding through integration and organic growth, eventually operating 54 banking centers across Florida.
Sources1 sources
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