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]
| Founded | September 15, 1992 |
|---|---|
| Defunct | December 4, 2003 |
| Fate | Absorbed by Colonial Bank |
| Headquarters | , United States |
| Parent | Sarasota BanCorporation |
References
edit- ^ a b "Company Briefs". The New York Times. June 27, 2003. Archived from the original on May 28, 2015. Retrieved June 4, 2013.
- ^ Hielscher, John (June 27, 2003). "Sarasota Bank to be sold". Sarasota Herald-Tribune. Retrieved June 4, 2013.
- ^ "FDIC: Sarasota Bank". Federal Deposit Insurance Corporation (FDIC). May 30, 2013. Archived from the original on June 26, 2013. Retrieved June 4, 2013.
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