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Sarasota Bank

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Sarasota Bank
FoundedSeptember 15, 1992; 32 years ago (1992-09-15)
DefunctDecember 4, 2003 (2003-12-04)
FateAbsorbed by Colonial Bank
Headquarters,
United States
ParentSarasota BanCorporation

Sarasota Bank was an independent Sarasota, Florida-based bank operated by Sarasota BanCorporation.[1] It was sold to Colonial BancGroup in a stock swap worth $40.5 million.[1][2] It was established September 15, 1992, and went inactive December 4, 2003, when it was subsumed into Colonial Bank.[3]

References

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  1. ^ a b "Company Briefs". The New York Times. June 27, 2003. Archived from the original on May 28, 2015. Retrieved June 4, 2013.
  2. ^ Hielscher, John (June 27, 2003). "Sarasota Bank to be sold". Sarasota Herald-Tribune. Retrieved June 4, 2013.
  3. ^ "FDIC: Sarasota Bank". Federal Deposit Insurance Corporation (FDIC). May 30, 2013. Archived from the original on June 26, 2013. Retrieved June 4, 2013.