Newcomers to give Florida banks a run for the money.

New bank names are popping up around South Florida. As the strong replace the weak and the economy stabilizes, the changes should help ease the credit crunch.

National City Bank
National City Bank

A series of bank takeovers, spurred by the recent financial upheaval, has brought several new banking giants to the state — already one of the most competitive landscapes in the nation for banking.

“The beauty is we have stronger banks in Florida than before when the banks — like WaMu and Colonial — were hobbled by bad real estate [loans],“ said William Hardin, a professor of finance and real estate at Florida International University.

The newcomers all insist that despite Florida’s dicey economy, they are lending and are willing to lend in the state — provided they find credit-worthy customers.

Read: “Newcomers to give Florida banks a run for the money,“ an article from the

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