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Press Releases

FirstAtlantic Bank Names ICS Logistics President to its Jacksonville Advisory Board

Posted on 4/21/2011 by

Jacksonville, Fla. – FirstAtlantic Bank has announced that Terry Brown, President of ICS Logistics, has joined its Jacksonville advisory board. As an advisory board member, Brown will serve as an advocate for the bank, helping the bank identify new business opportunities, and making key introductions.

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FirstAtlantic Bank Names Owner of McGuinness Commercial Properties to its St. Augustine Advisory Board

Posted on 4/21/2011 by

St. Augustine, Fla. – FirstAtlantic Bank has announced that A.J. McGuinness, founder and owner of McGuinness Commercial Properties, has been named to its St. Augustine Advisory Board. As an advisory board member, McGuinness will serve as an advocate for the bank in St. Augustine, introducing the Bank to new business opportunities and making key introductions.

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Jacksonville-Based FirstAtlantic Bank Acts on Growth Strategy and Expands its Branch Network to Serve Orange Park, Florida

Posted on 4/11/2011 by

Jacksonville, Fla. – FirstAtlantic Bank has submitted an application to the Office of Thrift Supervision (OTS) and signed a purchase agreement to acquire a branch of Synovus Bank located at 1440 Kingsley Avenue in Orange Park, Florida.

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Most Banks’ 4Q Ratings Stable, Signaling Probable End of Drop

Posted on 3/18/2011 by

JACKSONVILLE — There were few changes in the BauerFinancial Inc. ratings for Jacksonville area banks in the fourth quarter except for one improvement and one decline, but that lack of change is a good sign, according to one local banking expert.

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