News Summary
United Community Banks, Inc. has successfully merged with ANB Holdings, Inc., expanding its reach in South Florida. The merger allows American National Bank to operate under the United Community brand, enhancing services and community initiatives. Positioned in Oakland Park, American National Bank brings strong financial figures and a commitment to personalized customer service. This acquisition marks United Community’s ongoing growth strategy and community focus, aiming for a positive impact in South Florida’s banking landscape.
Florida
United Community Banks, Inc. has successfully completed its merger with ANB Holdings, Inc. as of May 1, 2025, allowing it to expand its presence in South Florida. With this transaction, ANB’s subsidiary, American National Bank, will now operate under the United Community brand, following planned system updates and new signage set for July 11, 2025.
Located in Oakland Park, Florida, American National Bank is recognized for its dedicated service to customers in Miami Dade, Broward, and Palm Beach Counties. As of March 31, 2025, the bank reported impressive financial figures, including total assets of $452 million, total loans amounting to $317 million, and total deposits of $387 million.
This merger marks United Community’s sixth acquisition since 2018, significantly adding to its total assets now standing at $27.9 billion. The acquisition is expected to not only enhance United Community’s service offerings but also contribute positively to community development efforts in the South Florida region.
Community-Centric Approach
American National Bank is well-regarded for its high-touch customer service, underpinned by its experienced management team led by President and CEO Ginger Martin. The merger aligns with United Community’s commitment to a community-first approach, which emphasizes building personal relationships and trust with customers.
Since venturing into the South Florida market in 2020 with the acquisition of Seaside National Bank & Trust, United has focused on growth through organic means and additional mergers while continuing to uphold its values of service, culture, and community. In 2023, the bank completed a $116 million acquisition of First National Bank of South Miami.
Community Engagement and Services
United Community not only provides a comprehensive suite of financial services, including commercial lending, business lines of credit, residential mortgages, private banking, and wealth management, but it is also deeply engaged in community activities. The bank has shown commitment through initiatives such as teaching financial literacy in local elementary schools and supplying school materials for underprivileged students in South Florida.
United Community has received multiple recognitions for customer satisfaction, including awards from J.D. Power for excellence among consumer banks in the Southeast. This merger is anticipated to ensure continued excellent customer service fueled by a larger balance sheet and an expanded range of product offerings.
Future of the Merger
Both companies expressed strong alignment in their values and priorities, which further solidifies the custom of service excellence expected post-merger. The acquisition is projected to be accretive to United Community’s earnings per share by 2026, evidencing a promising financial outlook for the bank. As the merger unfolds, the bank aims to maintain its focus on providing outstanding service while supporting community growth across South Florida.
Deeper Dive: News & Info About This Topic
- Banking Dive: United Community Banks Acquisition
- PR Newswire: United Community Options of South Florida
- Miami Herald: Local News
- GlobeNewswire: United Community Banks Merger Announcement
- Greenville Business Magazine: Merger Completion
Author: STAFF HERE PETERSBURG WRITER
ST PETERSBURG STAFF WRITER The ST PETERSBURG STAFF WRITER represents the experienced team at HEREStPetersburg.com, your go-to source for actionable local news and information in St Petersburg, Pinellas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Grand Prix of St. Petersburg, Localtopia, and SHINE Mural Festival. Our coverage extends to key organizations like the St. Petersburg Area Chamber of Commerce and St. Pete Downtown Partnership, plus leading businesses in finance, manufacturing, and healthcare that power the local economy such as Raymond James Financial, Jabil, and Bayfront Health St. Petersburg. As part of the broader HERE network, including HEREJacksonville.com, HEREOrlando.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
