United Community Banks, Inc. announced the completion of its merger with ANB Holdings, Inc., effective May 1, 2025. As part of the transaction, ANB's wholly-owned subsidiary, American National Bank, has been merged into United Community Bank. This strategic move expands United's footprint in the high-growth South Florida market.
American National Bank, headquartered in Oakland Park, Florida, contributed total assets of $452 million, total loans of $317 million, and total deposits of $387 million as of March 31, 2025. Over $300 million of these deposits were non-CD core deposits, enhancing United's funding profile. The integration of core systems, signage, and branding is scheduled for the weekend of July 11, 2025.
The completion of this merger adds a customer service-focused hub in an attractive market, aligning with United's community-oriented approach. This partnership is expected to allow for continued investment in growth, employee engagement, and community development within the South Florida region.
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