The $399 million Florida Central Credit Union in Tampa plans to buy a First Federal Bank of Florida branch in Sarasota, Florida Central President/CEO Laida E. Garcia said Wednesday.
The move would potentially bring the credit union hundreds of new members and about $12 million in deposits.
"We like this opportunity because it is a great location, it will serve as our new branch to serve our (2,000) Sarasota members, and it comes with the potential of 600 new members," she said.
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? Sign In
© 2024 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.
