Our acquisition of Legacy Bank accelerates Seacoast's expansion into Palm Beach and Broward County and positions us to increase shareholder value over time by bringing our broad range of convenient digital solutions and personalized brand of customer service to new markets and clients," said Charles Shaffer, Seacoast's president and chief executive officer. Commercial accounts receivable should comprise the largest portion of the collateral; while inventory and machinery & equipment can be used as a smaller percentage of the combined assets. What you'll get: $250 Bonus. Within online banking or the Seacoast Mobile Banking app: Yes, under Money Management select Transfer. Personal Accounts can update their address through Seacoast Bank Online Banking, Follow the prompts to update your address. Credit Inquiry: Soft Pull. Tap Update next to the Seacoast Mobile Banking app to manually update the app. Equal Housing Lender Get you comfortable with the right products and the right team to serve you, Resolve out-of-the-ordinary items responsively. More:Seacoast Bank continues expansion with acquisitions in Sarasota, Brevard counties Based on Seacoast's closing price of $33.72 on Tuesday, the transaction is valued at about $173.2 million . Bank. Deposits received before 5:00 pm ET on a business day are reviewed by the eBanking Department and credited to your account during our nightly processing. Let's Go. In general, if we receive and accept an image that you transmit through the Service before 5:30 p.m. Central Time on a business day, we consider that day to be the day of your deposit. Enter the old password and the new password as noted and click on Change Password. View the schedule of fees and service charges. We have communicated that . 7601 Citrus Ave . Yes, you have the option to go paperless, opt-out of paper statements, and receive convenient online statements instead. 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 $9.3 billion in assets and $7.8 billion in deposits as of June 30, 2021. Seacoast Bank Online Banking uses several layers of authentication for your security. In order to use these services, businesses must have assets that can serve as collateral. Seacoast Bank has partnered with Zelle to provide you a fast, safe, and easy way to send money in minutes* to friends, family and others you know right from Seacoast Bank Online Banking and Seacoast Mobile Banking app. Bonuses and requirements are as follows: $350 bonus when you open a new Premium checking account and: Deposit $50 or more at account opening. Yes, there are four (4) types of alerts that you can create: Account, History, Online Transactions, and Reminders. ". All statements other than statements of historical fact could be forward-looking statements. Within the Money Movement menu, click on Payments, within the New Payments drop-down menu select the payment type for a one-time payment. Only checking accounts are eligible for mobile deposit. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at www.sec.gov. The user is then able to navigate within online banking in the Administration menu to Manage Users or Manage User Roles. Logging in to online or mobile banking and selecting the Money Movement menu, then select Transfer. Your password can be changed within online banking and can be updated at any time but only once per day. More information about the Company is available at www.SeacoastBanking.com. The app will tell you that the deposit was submitted. Finance | Treasury & Corporate Finance Specialist. Confirm that the alert is enabled by selecting Alerts & Settings from the main menu and then selecting Alerts. No need to enroll and there's no additional costit's automatic when you have qualifying direct deposits to your Regions account or prepaid Regions Now Card. **Commercial Accounts Receivables should comprise the largest percentage of the combined assets. " Visit the Apple App Store or Google Play Store to download the Symantec VIP Access Manager App.Apple App Store | Google Play Store. Seacoast National Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida. https://www.seacoastbank.com/online-privacy-policy. Seacoast Bank General Information. Yes, Seacoast Bank is FDIC insured. Online and Mobile Policy | Social Media Terms of Use. When an exception applies, the bank may hold funds for a "reasonable" amount of time. Chiefland, FL 32626. Funds deposited before 8 pm eastern on a bank business day will generally be made available the first Bank Business Day after the day of deposit. The same Login ID and password you use to access your Online Banking account can be used to access your account through desktop, tablet and mobile devices. Still need help? If you've discovered fraudulent checks or charges on your account, you may contact 866.710.5778 or visit any branch for assistance. The first . It is also the 140 th largest bank in the nation. Businesses must retain those assets in order to generate new revenue. gabriel.velasco@cardumencapital.com. Cautionary Notice Regarding Forward-Looking Statements. It allows longer hold times under specific circumstances. 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, 2020 and quarterly reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021, under "Special Cautionary Notice Regarding Forward-looking Statements" and "Risk Factors", and otherwise in our SEC reports and filings. This will create a secure message with all of the pertinent details for a Seacoast associate to research. To learn more, contact us or apply now. . Banks. Learn more about using Zelle. The risks relating to the Legacy Bank merger include, without limitation: the diversion of management time on issues related to the merger; unexpected transaction costs, including the costs of integrating operations; the risks that the businesses will not be integrated successfully or that such integration may be more difficult, time- consuming or costly than expected; the potential failure to fully or timely realize expected revenues and revenue synergies, including as the result of revenues following the merger being lower than expected; the risk of deposit and customer attrition; any changes in deposit mix; unexpected operating and other costs, which may differ or change from expectations; the risks of customer and employee loss and business disruptions, including, without limitation, as the result of difficulties in maintaining relationships with employees; increased competitive pressures and solicitations of customers by competitors; as well as the difficulties and risks inherent with entering new markets. You can transfer money between your Seacoast accounts by: Yes. Seacoast Bank jobs in Florida. However, optional alerts are configurable at the user level. A definitive proxy statement/prospectus will be mailed to shareholders of Drummond. Wires are to be submitted by 5pm EST to be sent the same business day. More information is available within our Security and Privacy Policies. The acquisition increases Seacoast's presence in . Heres what you need to know about Seacoast ATMs. If you are an existing customer you can deposit up to $2,500 per business* day. You can place a stop payment on a check you wrote by calling 866.710.5778, visiting any branch, or within online banking following these steps: Yes. . Click on the 3 dot icon to the right of the transaction, select the Edit option to modify the transfer. Based on Seacoasts closing price of $33.72 as of May 3, 2022, the transaction is valued at approximately $173.2 million. Having working capital on-hand to cover business expenses easily and quickly., As your business grows your line of credit evolves to meet your financial needs. It is an additional layer of security. Seacoast Bank is offering a $250 bonus when you open a business checking account. It is sometimes referred to as a token. If the loan was paid off by a third party (dealer or insurance company), the title is mailed per the letter of instruction received with the payoff. Zelle makes it easy to send or receive money with the people you trust who have a bank account in the U.S., all you need is a U.S. mobile phone number or email address.Learn more about using Zelle. The mobile app requires your mobile service providers data and/or text plan. Seacoast Bank. We want to know your thoughts! You can identify these forward-looking statements through the 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. State Street Corp raised its stake in Seacoast Banking Co. of Florida by 30.6% in the first quarter. We see great opportunity in complementing its strengths with Seacoasts innovation and breadth of offerings to grow our presence and expand our position in the state, said Charles M. Shaffer, Seacoast's Chairman and CEO. Schedule a consultation today, Find a Seacoast Bank branch or ATM near you. You can view your credit card account details and statements through the credit card portal here. For a stop payment on a bill payment, it may take up to 48 hours to receive the funds back into the account. At March 31, 2023, in addition to $0.8 billion in cash, the Company had $5.6 billion in available borrowing capacity, including $4.6 billion in available collateralized lines of credit, $0.7 . Unlike a term loan, this line of credit can change based on the companys assets and capital needs at the time. If you still believe you did not receive an alert, please contact 866.710.5778, Mon Fri 7 am 10 pm, Sat 8:30 am 5 pm. The Export option ( Arrow down icon) is located on the right side of the screen. The acquisition increases Seacoast's presence in . Closing of the transaction is expected early in the fourth quarter of 2022, following receipt of approvals from regulatory authorities, the approval of Drummond shareholders, and the satisfaction of other customary closing conditions. Seacoast Bank offers a variety of mortgage loan options, check them out here . Welcome to Seacoast Banking Corporation's First Quarter 2023 Earnings Conference Call. Each six-digit code is valid for one-time use and expires if not utilized within 30 seconds or upon issuance of another code. Pricing is transparent, customer service is available 24/7, and Heartland provides a comprehensive breach warranty for peace of mind. 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 the Companys annual report on Form 10-K for the year ended December 31, 2021 under "Special Cautionary Notice Regarding Forward-Looking Statements" and "Risk Factors", and otherwise in the Companys SEC reports and filings. Some security alerts are presented as a default to all users. We are extremely grateful to have the banking relationship we have with Seacoast. No, it is only a temporary access code. Seacoast Bank has an A health rating. * U.S. checking or savings account required to use Zelle. By clicking Next, you authorize your wireless carrier to disclose (if available): your name, billing address, email, and mobile phone number to support your account application process. Commercial accounts receivable should comprise the largest portion of combined assets. Drummond Community Bank has an outstanding reputation for exceptional service and strong financial performance, with a deep commitment to the communities it serves for the last 32 years. Drummond operates 18 branches across North Florida with deposits of approximately $932 million and loans of $543 million as of March 31, 2022. 772-221-2760. Secure Card Processing. Our portfolio benefits from 12 years of experience in this business, a culture of radical collaboration and the availability of our team 24/7. Availability of Funds. As with any check deposit, you will need to endorse the back of the check. Please call our customer service team at 866.710.5778 to create an online account for your mortgage payments. This information will help you understand the features and how to properly use them. Their business funding division has always provided us with capital that we needed to operate and grow our business. To view the Instructional Video, login to the new Seacoast Bank Online Banking platform, select Instructional Videos from the menu options and then select File Mapping. You should hold on to the check until you see it posted on your statement. The cut-off time for an ACH is 2 pm EST. These are available at Seacoast branches, with a selection of additional ATM-only locations throughout the state. Pretax pre-provision earnings continue to increase with 1% growth quarter-over-quarter to $46.3 million. Navigate to this link by clicking on the account in question on the home screen, then click on the 3 dot icon to the right of the screen and select Ask a question. Never save your Login ID and Password on the mobile phone, in memos, or anywhere on your device. Zelle and the Zelle related trademarks are wholly owned by Early Warning Services, LLC and are used herein under license. Important Information for Investors and Shareholders. Legacy Bank, headquartered in Boca Raton, had deposits of approximately $485 million and loans of approximately $476 million as of June 30, 2021. If there is no alert in your online secure mailbox, it was not sent. When you want in-person, do-it-yourself banking thats convenient, Seacoast Bank ATMs have you covered. 96. For a full listing of system and browser requirements or to learn how to check and/or update your browser, reference our User Requirements Document. . All rights reserved. Dover | Barrington | Durham | Portsmouth | Rochester| (603) 742-4680Privacy Policy | Security Information | Investor Relations | Copyright 2021First Seacoast BankFacebookTwitterYouTubeInstagramLinkedin, Member FDIC Yes, alerts are account-specific and must be established for each account desired. Website. We invest in companies that work to bring the future into the present, investing in people developing the technologies that drive the evolution of society and business. NMLS# 410758, Dover | Barrington | Durham | Portsmouth | Rochester. Yes, you can change the nickname by selecting the 3 dot icon to the right of the account from the homepage then select Nickname Account. Images are available for 18 months regardless of image type or method of deposit. For companies that have significant assets in different forms, a loan may help them maximize working capital to manage expenses. All publication dates are on a Friday between the hours of 22.00 and 24.00 CET. If you know your current PIN and would like to change it, you may: You can self-enroll for Personal or Business online banking or call customer service at 866.710.5778 to assist in creating your online account. The fax number for Credit References and Verification of Deposits is 772.221.3029.The fax number for a Verification of Mortgage is 772.286.7298. Check your account balance. STUART, Fla., January 26, 2023 /GLOBE NEWSWIRE/ -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported net income in the fourth quarter of 2022 of $23.9 million, or $0.34 per diluted share, including $16.1 million in merger-related costs and $15.0 million in provision for credit losses associated with bank acquisitions during the quarter. In addition, we may rely on this profile contact information to contact you regarding online banking-related issues or to provide you with information on these services; therefore, it is important to keep this information up-to-date. make cash or check deposits or withdrawals at any Seacoast Bank ATM in Clermont, with quick funds availability. Fisher Asset Management LLC owned approximately 0.93% of Seacoast Banking Co. of Florida at the end of the most recent reporting period. Businesses who need working capital to take advantage of growth opportunities, maintain business operations, refinancing existing credit lines, and support seasonal fluctuations. These forward-looking statements may not be realized due to a variety of factors, including, without limitation: the effects of future economic and market conditions, including seasonality; the adverse impact of COVID-19 and variants thereof (economic and otherwise) on the Company and its customers, counterparties, employees, and third-party service providers, and the adverse impacts to our business, financial position, results of operations, and prospects, including the ongoing potential to adversely affect Seacoasts revenues and values of its assets and liabilities, lead to a tightening of credit, and increase stock price volatility; government or regulatory responses to the COVID-19 pandemic, including the risk of inflation and interest rate increases resulting from monetary and fiscal stimulus response, which may have unanticipated adverse effects on our customers, and our financial condition and results of operations; governmental monetary and fiscal policies, including interest rate policies of the Board of Governors of the Federal Reserve ("Federal Reserve"), as well as legislative, tax and regulatory changes; changes in accounting policies, rules and practices, including the impact of the adoption of the current expected credit losses (CECL) methodology; our participation in the Paycheck Protection Program (PPP); the risks of changes in interest rates on the level and composition of deposits, loan demand, liquidity and the values of loan collateral, securities, and interest rate sensitive assets and liabilities; interest rate risks, sensitivities and the shape of the yield curve; uncertainty related to the impact of LIBOR calculations on securities, loans and debt; governmental actions to stimulate the economy and provide support for small businesses have resulted in material increases to the Companys liquidity position, adversely affecting the net interest margin. All Seacoast Bank branches have notaries on hand. Find 31 listings related to Seacoast Bank in Kissimmee on YP.com. Hovde Group LLC served as financial advisor and Fenimore, Kay, Harrison & Ford, LLP served as legal counsel to Legacy Bank. Seacoast Bank is headquartered in STUART and is the 6 th largest bank in the state of Florida. Actual results may differ from those set forth in the forward-looking statements. A number of other hedge funds and other institutional investors also recently bought and sold shares of SBCF. Paper titles are signed off and mailed to you with a letter. Information about the directors and executive officers of Seacoast is set forth in its proxy statement for its 2022 annual meeting of shareholders, which was filed with the SEC on April 12, 2022 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 statements/prospectuses and other relevant materials to be filed with the SEC when they become available. Company's control, and which may cause the actual results, performance or achievements of Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") or its wholly-owned banking subsidiary, Seacoast National Bank ("Seacoast Bank") to be materially different from those set forth in the forward-looking statements. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Locate the transaction that needs to be canceled. If not received by 5pm, the wire will go out the following business day. Links for the videos are listed in the menu within Seacoast Bank Online Banking. If you received your secure message, but not your email, check your junk email folder first. 2023 Seacoast National Bank. Federal Regulation CC (Reg CC for short) offers a framework for banks to use when setting their funds . The risks relating to the proposed Apollo Bancshares, Inc. and Drummond Banking Company mergers include, without limitation, failure to obtain the approval of shareholders of Apollo Bancshares, Inc. and Apollo Bank and Drummond Banking Company and Drummond Community Bank in connection with the mergers; the timing to consummate the proposed mergers; the risk that a condition to the closing of the proposed mergers may not be satisfied; the risk that regulatory approvals that may be required for the proposed mergers are not obtained or are obtained subject to conditions that are not anticipated; the parties' ability to achieve the synergies and value creation contemplated by the proposed mergers; the Companys ability to promptly and effectively integrate the businesses of Apollo Bancshares, Inc., and Drummond Banking Company, including unexpected transaction costs, the costs of integrating operations, severance, professional fees and other expenses; the diversion of management time on issues related to the mergers; the failure to consummate or any delay in consummating the mergers for other reasons; changes in laws or regulations; the risks of customer and employee loss and business disruption, including, without limitation, as the result of difficulties in maintaining relationships with employees; increased competitive pressures and solicitations of customers and employees by competitors; and the difficulties and risks inherent with entering new markets.

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