Professional Bank

Professional Bank was established on September 8, 2008, in Coral Gables, Florida. Initially operating under the name Professional Bank, the institution underwent significant changes over the years. On February 21, 2015, Professional Bank changed its primary federal regulatory agency to the Federal Reserve and became a state-chartered bank, subsequently gaining membership in the Federal Reserve System. The bank's main office was relocated to 396 Alhambra Circle, Suite 255, Coral Gables, Florida, on January 27, 2014. On March 27, 2020, Professional Bank acquired Marquis Bank, also located in Coral Gables, Florida, and subsequently moved its main office to 396 Alhambra Circle, Coral Gables, Florida. The bank continued its operations until January 31, 2023, when it merged with Seacoast National Bank, based in Stuart, Florida.

Below is a list of some important events in banks history, including mergers and acquisitions.

2008-09-08Institution established. Original name: Professional Bank.

2014-01-27Main Office moved to 396 Alhambra Circle, Suite 255, Coral Gables, FL 33134.

2015-02-21Institution becomes member of the Federal Reserve System.

2015-02-21Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2015-02-21Changed Primary Federal Regulatory Agency to FED.

2020-03-27Main Office moved to 396 Alhambra Cir, Coral Gables, FL 33134.

2020-03-27Acquired Marquis Bank in Coral Gables, FL.

2023-01-31Merged and became part of Seacoast National Bank in Stuart, FL.