BAC Florida Bank, a Florida banking corporation supervised by the State of Florida and the Federal Deposit Insurance Corporation (FDIC) was established in 1973 and is headquartered in Coral Gables, Florida. As of December 31, 2017, BAC Florida Bank and subsidiaries reported over $2 billion in assets and $1.7 billion in deposits. BAC Florida Bank is part of a successful business conglomerate with a history of over 140 years which operates in over 10 countries in the finance, agribusiness, communication, automotive, marketing, health services and real estate industries.