Jacksonville, Fla. Jacksonville, Fla. (Source: Shutterstock)

Jacksonville, Fla.-based Jax Federal Credit Union embarked on a branch expansion plan this week with its purchase of a vacant Fidelity Bank branch building on July 11, according to an announcement from the credit union.

Fidelity Bank closed the branch in April 2019, according to Jax. The 5,150-square-foot building sits on 0.97 acres and is in Jacksonville’s Southside submarket. It will be the credit union’s ninth location in Northeast Florida. Jax has $403 million in assets and about 37,000 members.

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Tina Orem

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