Bank of the Ozarks captures national spotlight for lending practices – Tampa Bay Business Journal

Simultaneous with the closing of this merger, Community & Southern Bank, C&S’ wholly-owned bank subsidiary, merged with and into the Company’s wholly-owned bank subsidiary, Bank of the Ozarks.

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One of Tampa Bay’s larger banks captures national spotlight for lending practices. One of the local projects Bank of the Ozarks is financing is for Related Group’s redevelopment of the former Tampa Tribune site on the Hillsborough River near downtown Tampa. Bank of the Ozarks provided a $76 million loan for the project.

Commercial real estate exposure is the bogeyman george gleason can’t seem to put to rest. Gleason, chairman and CEO of Bank of the Ozarks, has spent two years trying to convince analysts and shareholders that the Little Rock, Ark., company has found a way to aggressively – and conservatively – make CRE loans through a national platform.

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Sometimes it seems like Bank of the Ozarks is the only show left in town, lending hundreds of millions to developers across the city amid a condo financing drought. Its aggressive approach has led.

Bank of the Ozarks Chairman and CEO George Gleason told Wall Street analysts that the fast-growing Arkansas banking giant plans to continue expanding its profitable real estate specialties group and other key businesses, but will pull out of the small ticket leasing business and halt secondary mortgage lending to consumers.

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Bank of the Ozarks Review: My Change Keeper. A signature offering from Bank of the Ozarks, My Change Keeper is a free add-on for any checking account with the bank. Each time a participating account holder uses their Bank of the Ozarks visa debit card, the bank rounds the total up to the nearest dollar amount.

Bank OZK (formerly Bank of the Ozarks) is a regional bank headquartered in Little Rock, Arkansas with more than 250 locations in ten states: Arkansas, Georgia, Florida, Texas, Alabama, North Carolina, South Carolina, California, New York and Mississippi and $22.39 billion in assets as of December 31, 2018.

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