Seacoast National Bank suspends dividends to Uncle Sam, too
Seacoast Banking Corp. has stopped paying dividends it owes the U.S. government under the Troubled Asset Relief Program, The Wall Street Journal reports. Treasury spokeswoman Meg Reilly said “a number...
View ArticleIn Treasure Coast market share battle, Seacoast gains, Riverside loses
After a wild 12 months in the banking business, Seacoast National Bank looks to be the big winner in the battle for market share in Martin and St. Lucie counties. Stuart-based Seacoast leaped to No. 1...
View ArticleSeacoast’s safety rating rises, other banks’ grades fall
Here’s something new: Two area banks saw their safety ratings rise in the fourth quarter, according to BauerFinancial of Coral Gables. Struggling Seacoast National Bank of Stuart saw its rating rise to...
View ArticleSeacoast Bank boosts director pay, adds stock to compensation
Seacoast shares have plunged more than 90 percent since 2006. Chart courtesy Bloomberg. Seacoast Banking Corp. has sweetened pay for outside directors, doubling their annual retainer from $23,000 to...
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