Td Bank Buys Three Failed Florida Banks ; the Deal with the Fdic Gives Td Bank Another $3.8 Billion in Assets.

Summary


TD Bank bought three failed Florida banks from the Federal Deposit Insurance Corp. late Friday, the company said.

TD Bank, based in Portland and Cherry Hill, N.J., purchased Riverside National Bank of Florida, with 58 branches, First Federal Bank of North Florida, with eight branches, and AmericaFirst Bank, with three locations. The purchases also give TD Bank another 80 ATMs in Florida.

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Extract


Td Bank Buys Three Failed Florida Banks ; the Deal with the Fdic Gives Td Bank Another $3.8 Billion in Assets.

"These acquisitions give us an even ...

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