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PNC Buys 19 BankAtlantic Branches In The Tampa Metro Area

Wednesday, February 2, 2011 - 4:34 PMBankAtlantic - Details
From The St. Petersburg Times:
Pittsburgh-based PNC Bank is making its first foray into the Tampa Bay market, buying all 19 of BankAtlantic's branches, $350 million in deposits and two related facilities in the region.

BankAtlantic was hit hard by real estate-related loan losses in Florida, and it's now downsizing and refocusing on Southeast Florida.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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