United Community Bank completes acquisition of Florida-based bank

United Community Banks, Inc. (NASDAQ: UCBI) completed its acquisition of Three Shores Bancorporation, Inc. on Wednesday.  Three Shores’ bank subsidiary, Seaside National Bank & Trust merged into United’s subsidiary, United Community Bank. United Community Bank will continue to operate locations under the name Seaside National Bank & Trust once Seaside is able to convert to United’s operating systems, which should be completed by February 2021.  The merger, originally announced in March,…

United Community Banks, Inc. (NASDAQ: UCBI) completed its acquisition of Three Shores Bancorporation, Inc. on Wednesday.  Three Shores’ bank subsidiary, Seaside National Bank & Trust merged into United’s subsidiary, United Community Bank. United Community Bank will continue to operate locations under the name Seaside National Bank & Trust once Seaside is able to convert to United’s operating systems, which should be completed by February 2021.  The merger, originally announced in March,…

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