Seacoast Banking Corporation of Florida has completed its acquisition of Villages Bancorporation, the holding company serving The Villages retirement community in central Florida. The transaction, which was first announced on 29 May 2025 and valued at about USD 829 million at closing, closed on 1 October 2025, adding about USD 3.5 billion in deposits and 19 branches.
The Villages is a master-planned retirement community in central Florida.
MARKET POSITION
Seacoast has been building its Florida franchise through a combination of organic growth and selective acquisitions; Villages Bancorporation holds more than 50% of deposits in the Wildwood-The Villages market.