Seacoast Banking acquires Apollo Bank and Drummond Community Bank

Seacoast Banking acquires Apollo Bank and Drummond Community Bank

Seacoast Banking Corporation of Florida has completed the $304 million acquisition of the parent companies of Apollo Bank and Drummond Community Bank. The transaction, which is effective from 7 October 2022, includes the acquisition of the banks’ respective parent companies Apollo Bancshares and Drummond Banking Company. Apollo Bancshares’ shareholders were given 1.006529 shares of Seacoast […]