seacoast national bank in stuart florida

This organization is not BBB accredited. Bank in Stuart, FL. See BBB rating, reviews, complaints, & more. as commercial contractors, veterinarian construction contractors, medical construction contractors, and other services in Stuart, FL, and nearby areas. The third largest credit union in Florida with over 60 locations, offering home loans, auto loans, mortgage refinancing, online banking, mobile banking and.

Seacoast national bank in stuart florida -

Seacoast Bank Locations & Hours

STUART, Fla., Jan. 23, 2020 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF) (“Seacoast”), the holding company for Seacoast National Bank (“Seacoast Bank”), today announced it has signed a definitive agreement to acquire Fourth Street Banking Co. (“Fourth Street”), the holding company for Freedom Bank of St. Petersburg. The transaction will be Seacoast’s third in the last three years in the Tampa-St. Petersburg metropolitan statistical area (“MSA”), the second largest and one of the fastest growing MSAs in Florida.

Pursuant to the terms of the merger agreement, Freedom Bank will be merged with and into Seacoast Bank. Organized in 2005, Freedom Bank has deposits of approximately $276 million and loans of $249 million and the merger will increase Seacoast’s deposits in the Tampa-St. Petersburg MSA by 87% to approximately $679 million. Seacoast plans to add Freedom Bank’s two branches to the four it currently operates in the market. Seacoast entered the Tampa-St. Petersburg MSA with the acquisition of GulfShore Bank and NorthStar Bank in 2017.

The Tampa-St. Petersburg MSA’s economy continues its expansion, outpacing most of the U.S. Its unemployment rate at 2.7% per Florida Department of Economic Opportunity is lower than the state and national average. It also added 30,800 jobs in November, the second highest total among all MSAs in the state. The same source showed the region leading the state for job demand with 59,256 openings and for STEM jobs with 20,134 openings. “Seacoast has found a great opportunity to partner with Freedom Bank, strengthening our position in the attractive Tampa-St. Petersburg market,” said Dennis S. Hudson III, Seacoast’s Chairman and CEO. “This is an exceptional addition to our two previous acquisitions in the state’s second largest MSA. We look forward to welcoming Freedom Bank’s employees and customers to Seacoast Bank.”

“In creating Freedom Bank in 2005, we sought to fill a need in the market for local bankers who knew their customers by name and could make decisions based on local market conditions. We are delighted to partner with Seacoast, who has been serving Florida consumers and businesses for more than 90 years with a very similar philosophy,” said Cathy P. Swanson, CEO of Freedom Bank. “We know our customers will enjoy its convenient state-wide network and impressive array of products and services.”

Following the merger, Swanson plans to remain with Seacoast as its Market President for Pinellas County.

Under the terms of the merger agreement, Fourth Street shareholders will receive 0.1275 shares of Seacoast common stock for each share of Fourth Street common stock. Based on Seacoast’s closing price of $29.39 as of January 22, 2020, the transaction is valued at approximately $63.6 million or $3.75 per share (which includes cashing out the Fourth Street options). Closing of the acquisition is expected late in the second quarter of 2020 following receipt of approvals from regulatory authorities, the approval of Fourth Street shareholders and the satisfaction of other customary closing conditions.

Seacoast expects the Fourth Street acquisition to be more than 1.5% accretive to earnings per share in 2020 excluding one-time transaction costs, 3.3% accretive to earnings per share in 2021, and should have a tangible book value earn-back period of approximately 1.5 years using the crossover method. The transaction also is expected to provide an internal rate of return of more than 20%.

Piper Sandler served as financial advisor and Alston & Bird LLP served as legal counsel to Seacoast. Hovde Group, LLC served as financial advisor and Smith Mackinnon, PA served as legal counsel to Fourth Street.

Investor Conference Call Information

Seacoast will host a conference call on January 24, 2020 at 10:00 a.m. (Eastern Time) to discuss the acquisition. Investors may call in (toll-free) by dialing (888) 517-2513 (passcode: 7556 513; host: Dennis S. Hudson). Slides will be used during the conference call and may be accessed at Seacoast’s website at by selecting “Presentations” under the heading “News/Events.” A replay of the call will be available for one month, beginning late afternoon of January 24, 2020 by dialing (888) 843-7419 (domestic) and using passcode: 7556 513#.

Alternatively, individuals may listen to the live webcast of the presentation by visiting Seacoast’s website at The link is located in the subsection “Presentations” under the heading “Webcasts.” Beginning the afternoon of January 24, 2020, an archived version of the webcast can be accessed from this same subsection of the website. The archived webcast will be available for one year.

About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)

Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $7.1 billion in assets and $5.6 billion in deposits as of December 31, 2019. The Company provides integrated financial services including commercial and retail banking, wealth management, and mortgage services to customers through advanced banking solutions, and 48 traditional branches of its locally-branded, wholly-owned subsidiary bank, Seacoast Bank. Offices stretch from Fort Lauderdale, Boca Raton and West Palm Beach north through the Daytona Beach area, into Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties. More information about the Company is available at

Important Information for Investors and Shareholders

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Seacoast will file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 containing a proxy statement of Fourth Street and a prospectus of Seacoast, and Seacoast will file other documents with the SEC with respect to the proposed merger. A definitive proxy statement/prospectus will be mailed to shareholders of Fourth Street. Investors and security holders of Seacoast and Fourth Street are urged to read the entire proxy statement/prospectus and other documents that will be filed with the SEC carefully and in their entirety when they become available because they will contain important information. Investors and security holders will be able to obtain free copies of the registration statement and the proxy statement/prospectus (when available) and other documents filed with the SEC by Seacoast through the website maintained by the SEC at Copies of the documents filed with the SEC by Seacoast will be available free of charge on Seacoast’s internet website or by contacting Seacoast.

Seacoast, Fourth Street, their respective directors and executive officers and other members of management and employees may be considered participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Seacoast is set forth in its proxy statement for its 2019 annual meeting of shareholders, which was filed with the SEC on April 5, 2019 and its Current Reports on Form 8-K. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials to be filed with the SEC when they become available.

Cautionary Notice Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning, and protections, of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements about future financial and operating results, cost savings, enhanced revenues, economic and seasonal conditions in our markets, and improvements to reported earnings that may be realized from cost controls, tax law changes, new initiatives and for integration of banks that we have acquired, or expect to acquire, including Fourth Street, as well as statements with respect to Seacoast’s objectives, strategic plans, including Vision 2020, expectations and intentions and other statements that are not historical facts. Actual results may differ from those set forth in the forward-looking statements.

Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates and intentions about future performance and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance or achievements of Seacoast to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. You should not expect us to update any forward-looking statements.

All statements other than statements of historical fact could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may”, “will”, “anticipate”, “assume”, “should”, “support”, “indicate”, “would”, “believe”, “contemplate”, “expect”, “estimate”, “continue”, “further”, “plan”, “point to”, “project”, “could”, “intend”, “target” or other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2018, under “Special Cautionary Notice Regarding Forward-looking Statements” and “Risk Factors”, and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at

Charles M. ShafferExecutive Vice PresidentChief Operating Officer andChief Financial Officer(772) [email protected]


Seacoast National Bank - Cove Road Branch

The following are this Seacoast National Bank branch's opening and closing hours:

9:00 AM - 4:00 PM

9:00 AM - 4:00 PM

9:00 AM - 4:00 PM

9:00 AM - 4:00 PM

9:00 AM - 6:00 PM

9:00 AM - 12:00 PM


The Cove Road Branch location of Seacoast National Bank was established Nov 28, 1983 (38 years and 0 months ago). They are one of 57 branch locations operated by Seacoast National Bank. For ATM locations, drive-thru hours, deposit info, and more information consider visiting their online banking site at:
Bank's Headquarters:

815 Colorado Avenue
Stuart, Florida 34994

Became FDIC Insured:

Jan 1, 1934


Seacoast National Bank Stuart-Fl City SWIFT Code in UNITED STATES (US)


All Bank Branches Address IFSC, SWIFT, MICR, BSR, BIC Codes Data

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Seacoast National Bank List of SWIFT Code Branches in Stuart-Fl City

SWIFT CODEBranch NameBranch Address
Technical words
  • NEFT
  • RTGS

What is Seacoast National Bank Branches SWIFT Codes in Stuart-Fl City ?

SWIFT Code Seacoast National Bank Stuart-Fl City, in United States (US)

SWIFT Code Seacoast National Bank used to Transfer fund to Internationl banks. SWIFTCode Seacoast National Bank United States (US) are provide the broadest coverage of national bank identifiers. SWIFT Code is identifying Seacoast National Bank branches in United States (US). SWIFT Code of Seacoast National Bank is unique for each branch in United States (US).

SWIFT Code of Seacoast National Bank Stuart-Fl City in United States (US)

SWIFT Code Seacoast National Bank can be used in transferring money overseas. Swift codes of Seacoast National Bank United States (US) are provided by International Organization for Standardization (ISO). Swift Code identifies Seacoast National Bank branches which participate in Overseas fund transfers. Swift code Seacoast National Bank is a unique code for each branch.

Use of SWIFT Code Seacoast National Bank Stuart-Fl City in United States (US)

Seacoast National Bank SWIFT Codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. To do Overseas funds transfer the SWIFT Code Seacoast National Bank is required. List of Seacoast National Bank SWIFT Codes provided are Seacoast National Bank Branches respectively.

What is BIC

Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same.


International banks Routing Code, SWIFT codes & Bank Identifier Code (BIC)are basically the same.



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CountryUnited States

Bank CodeSNBF - code assigned to SEACOAST NATIONAL BANK
Country CodeUS - code belongs to United States
Location & Status3F - represents location, second digit 'F' means active code
Branch CodeXXX or not assigned, indicating this is a head office

What is a SWIFT Code?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:


  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

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The registrations of SWIFT codes are handled by Society for Worldwide Interbank Financial Telecommunication (SWIFT) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

seacoast national bank in stuart florida

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