May 09, 2018

Federal Reserve Board announces approval of application by Ameris Bancorp

For release at 1:30 p.m. EDT

The Federal Reserve Board on Wednesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Ameris Bancorp, Moultrie, Georgia, to acquire Atlantic Coast Financial Corporation ("Atlantic") and thereby indirectly acquire Atlantic's subsidiary bank, Atlantic Coast Bank, both of Jacksonville, Florida.

Attached is the Board's order relating to this action.

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Last Update: May 09, 2018