Three bankers — all longtime CEOs and previous bank founders — join forces at one institution

CenterState Bank targets more market share on the west coast of Florida.


  • By Mark Gordon
  • | 6:00 a.m. April 20, 2018
  • | 0 Free Articles Remaining!
Lori Sax. Brian Hall, Shaun Merriman and Dan Hager are the three top leaders for CenterState Bank in the Sarasota-Bradenton region.
Lori Sax. Brian Hall, Shaun Merriman and Dan Hager are the three top leaders for CenterState Bank in the Sarasota-Bradenton region.
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The standard model when a big bank, especially a publicly-traded one, buys a smaller, community bank, is to find ways to cut excess and duplicative services and personnel.

Polk County-based CenterState Bank, a publicly traded bank with $7.1 billion in assets, does things a bit differently with its acquisitions. While eliminating some of the redundancies, CenterState — on a decade-long acquisition binge — places a premium on local management.

 

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