You may have noticed the recent change of the familiar blue FCB sign, that used to stand on Bridge Street, is now an attention-getting, bright red that reads Synovus. While it seems to have happened abruptly, the name changes were first discussed back in July 2018, when the parent company of Florida Community Bank, one of the largest community banks in Florida, was acquired by Synovus of Georgia for around $2.9 billion.
While Synovus continues to buy more banks and branches, the plan is to keep the well-run, strong, South Florida branches as they are, and simply change the name of the institutions. Synovus is predicted to become a top five regional bank in the Southeast region.
The acquisition completion was reportedly finalized this past January. Bank representatives want customers to know that they can find out more about the transition by visiting www.synovus.com/welcomefcb.