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OCC approves Seacoast National Bank/First Green Bank merger

Stuart, Fla.-based Seacoast National Bank on Aug. 2 secured the Office of the Comptroller of the Currency's approval to merge with Orlando, Fla.-based First Green Bank, with the former as the surviving entity, according to the OCC's website.

As previously reported in June, Seacoast Banking Corp. of Florida agreed to buy Mount Dora, Fla.-based First Green Bancorp Inc. The deal is expected to close in the fourth quarter.