Seacoast Banking Corporation of Florida announced that it has received all required regulatory approvals for its acquisition of Heartland Bancshares, Inc. The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency approved the applications.
This marks a significant milestone, clearing a key regulatory hurdle for the previously announced transaction. The merger of Heartland National Bank with and into Seacoast Bank also received approval.
The acquisition is now expected to close on or around July 11, 2025. The completion remains subject to the approval of Heartland Bancshares, Inc. shareholders and other customary closing conditions.
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