Financial institution OZK Plans New Miami Department | Arkansas Enterprise Information

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The $27.2 billion-asset Financial institution OZK is engaged on a fifth department within the Miami-Dade County market.

The 4 present places there have been amongst 33 Florida workplaces that entered the Financial institution OZK fold in July 2016 as a part of the $402 million acquisition of C1 Monetary Inc. of St. Petersburg.

The brand new Aventura department 6 miles north of Miami at 17701 Biscayne Blvd. is a former TotalBank location that went darkish after its 2018 buy by Metropolis Nationwide Financial institution of Florida.

Among the many 57 banks within the $152 billion-deposit market of Miami-Dade, Financial institution OZK ranks No. 45 with a 0.18% share ($275 million). Conway’s Centennial Financial institution ranks No. 44 with three workplaces holding mixed deposits of $277 million.

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