United Community Bank enters Tampa market
March 10, 2020 - United Community Banks agreed to buy Three Shores Bancorporation and its wholly-owned subsidiary, Seaside National Bank & Trust. Seaside is an Orlando-based bank with $1.9 billion in assets and 14 branches, including one branch in Tampa. United (Nasdaq: UCBI), headquartered in Blairsville, Georgia and with executive offices in Greenville, South Carolina, has $12.9 billion in assets and 149 offices in Georgia, North Carolina, South Carolina and Tennessee. The deal, valued at $180 million, marks United's entry into Florida and the Tampa market.