United Community Banks Acquires Three Shores Bancorporation and Seaside National Bank & Trust
July 1, 2020
United Community Banks, Inc. completed its merger with Three Shores Bancorporation, Inc., effective July 1, 2020, with Three Shores' bank subsidiary Seaside National Bank & Trust merging into United's bank subsidiary. United will continue to operate Seaside locations under the Seaside Bank and Trust brand and expects the deal to expand its Florida presence while adding Seaside's wealth management capabilities to United's offerings.
- Buyers
- United Community Banks, Inc.
- Targets
- Three Shores Bancorporation, Inc., Seaside National Bank & Trust
- Industry
- Financial Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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