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BAC Florida Investments (BFI)

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BAC Florida Investments (BFI)

Overview:

BAC Florida Bank, a Florida banking corporation supervised by the State of Florida and the Federal Deposit Insurance Corporation (FDIC) is headquartered in Coral Gables, Florida. As of December 31, 2011, BAC Florida Bank and subsidiaries had over 5,500 customers, 150 employees, $1,175 million in assets and $850 million in deposits. BAC Florida Bank is part of The Pellas Group.

History:

BAC Florida Investments was incorporated in the State of Florida in 1986. It has since been operating in Coral Gables, in the Miracle Mile area, thereby facilitating the execution of its personalized and customized services to its international clientele.
In 1999, BAC Florida Investments was acquired by BAC Florida Bank and became its stand-alone securities subsidiary. BAC Florida Bank is a full service commercial banking institution domiciled in Miami specializing in institutional and private banking services.

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