TAC Bancshares

CLOSE   X

Miami, FL

Year of Investment: 1993

Status: Exited

TAC Bancshares was a Miami, FL, consumer bank, pursuing a growth strategy based on acquiring distressed thrift institutions and other banking institutions in the state. Through a series of acquisitions and internal growth, TAC grew to approximately $2.8 billion in assets and 36 branches by the time of its sale to NationsBank (Bank of America) in 1996.