A few months ago, the Enterprise Bancorp, Inc. Board of Directors signed an agreement with 1st United Bancorp to merge Enterprise Bank with 1st United Bank.  1st United Bank received the required regulatory approvals and the shareholders of Enterprise approved the proposed transaction.  Effective July 1, 2013, Enterprise Bank merged into 1st United Bank.   With the merger of Enterprise Bank, 1st United Bank is approximately $1.5 billion in assets, with one of the largest and strongest capital bases among banks headquartered in Florida.

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