Welcome to our new series, "Banking Evolution in Florida: Trends and Transformations (2022-Present)." In recent years, the banking landscape in Florida has undergone significant changes, reflecting broader national trends and unique regional dynamics. From the steady decline in the number of physical bank branches to the strategic expansions by major players, the way Floridians bank today is markedly different from just a decade ago.
This series aims to delve into the factors driving these changes, highlight key players shaping the industry, and explore the impact on consumers and communities across the state. We will examine the strategies of major banks, the rise of digital banking, and the implications of mergers and acquisitions. Whether you’re a banking professional, a consumer, or simply interested in the financial trends affecting Florida, this series will provide valuable insights and a comprehensive overview of the evolving banking sector.