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Scale · Analysis

New Trend? Credit Union Acquires Bank

Tallahassee-based First Commerce CU acquires First National Bank ($85M) of Crestview, FL....

Glenn Christensen · · 1 minute read

A new trend seems to be shaping up as more credit unions are considering bank acquisitions as part of  their growth plans.

Tallahassee-based First Commerce CU has announced plans to acquired First Commercial Bank of Crestview, FL.

With the acquisition the credit union will acquire 3 branches and $85 million in assets.

See press release.

 

Glenn Christensen

CEO Advisory Group. Advises credit unions on mergers, succession and bank acquisitions.

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