Bank of Florida shut down


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  • | 2:43 p.m. May 29, 2010
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  • Tampa Bay-Lakeland
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Regulators shut down three subsidiary banks of Naples-based Bank of Florida Corp. and sold the assets and deposits to EverBank of Jacksonville.

Holding company Bank of Florida Corp. still owns one other subsidiary, Bank of Florida Trust Co. Neither the holding company nor the trust company was part of the transaction.

State regulators shut down Bank of Florida — Southwest in Naples, Bank of Florida — Tampa Bay in Tampa and Bank of Florida — Southeast in Fort Lauderdale on May 28. The Florida Office of Financial Regulation appointed the FDIC as receiver.

 

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