Are credit unions the new community banks?

Credit unions, nationally and especially in Florida, are diving into a new form of expansion: buying banks. A pair of billion-dollar area credit unions lead the way in the buy-to-grow strategy.

  • By Business Observer Staff
  • | 6:00 a.m. June 14, 2019
  • | 0 Free Articles Remaining!
Marketing and Events Manager Chelsey Wilson; CFOE Janice Hollar; Chief Marketing Officer David Oak
Marketing and Events Manager Chelsey Wilson; CFOE Janice Hollar; Chief Marketing Officer David Oak
  • Finance
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MidFlorida Credit Union, Lakeland

MidFlorida Credit Union CEO Kevin Jones is a popular executive — and not just for guiding the Lakeland-based institution to become the fourth biggest credit union by assets in Florida.

 

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