Premier American Bank

Premier American Bank was a US bank that operated in Miami, Florida until it was closed by the Florida Office of Financial Regulation on January 22, 2010.[1] The Federal Deposit Insurance Corporation (FDIC) assumed control, then entered into a purchase and assumptions agreement with American Premier Bank, National Association, a subsidiary of Bond Street Holding.[2] It provided consumer and business banking services to communities throughout Florida.

Premier American Bank
IndustryBanking
Financial services
DefunctJanuary 22, 2010
HeadquartersMiami, Florida
Area served
Florida

In July 2011, the bank changed its name to Florida Community Bank N.A.[3]

Through acquisitions and organic growth, Florida Community Bank continued to expand its branch network and now services three of the top four largest Metropolitan Statistical Areas (MSA) in Florida: Orlando, Miami and West Palm Beach.

In addition to the purchase of Premier American Bank, Bond Street Holdings also acquired seven additional Florida-based banks which include Peninsula Bank, Sunshine State Community Bank, First National Bank of Central Florida, Cortez Community Bank, Coastal Bank, First Peoples Bank and Great Florida Bank. The eight acquired banks have joined and now form the new Florida Community Bank.

References

  1. Layden, Laura. "Banks fell in the Great Recession, but they're stronger now". Naples News. Retrieved 29 September 2021.
  2. "FDIC: Press Releases - PR-14-2010 1/22/2010". www.fdic.gov. Retrieved 29 September 2021.
  3. "Premier American Bank plans name change to Florida Community Bank". www.bizjournals.com. Retrieved 29 September 2021.
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