Seacoast Banking Corporation of Florida has received the necessary regulatory approvals for its acquisition of Heartland Bancshares, Inc. The Federal Reserve and the Office of the Comptroller of the Currency have approved the applications related to this transaction, which involves the merger of Heartland National Bank into Seacoast Bank. With all required approvals secured, the acquisition is expected to be completed around July 11, 2025, pending the fulfillment of customary closing conditions and the approval of Heartland Bancshares' shareholders.
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