<p>MIAMI – Tropical Financial CU will learn this week if its application to expand its field-of-membership to include Palm Beach County was approved by the state Division of Banking. Palm Beach County’s population is approximately 1.13 million, but the $500-million CU already serves many select employee groups in the county. Tropical Financial already counts Dade and Sarasota counties in its FOM, as well as many select employee groups. Its potential FOM, excluding Palm Beach County, is five million. Next week, the Division of Banking is expected to make its decision on FOM expansion applications filed by Educational Community CU, Jacksonville, and Eastern Financial CU, Miramar. ECCU applied to serve Putnam and Flagler counties, and parts of Duval County. EFCU filed to serve those portions of Miami and Dade counties that the CU doesn’t already serve. It already counts Broward County in its FOM.</p>

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.