Lakeland-based credit union opens Bradenton branch

MIDFLORIDA Credit Union recently opened a branch in Bradenton, putting the organization at 65 locations statewide. 

The Manatee County location features three drive-thru lanes, a drive-up ATM, instant-issue debit and credit cards and safe deposit boxes. The 3,738 square foot space also has offices dedicated to mortgage and commercial lending. 

“We are excited to be a part of the Bradenton area and welcome the opportunity to support the local community,” Vanessa Hernandez, MIDFLORIDA’s chief of retail delivery, says in a release. “As we continue to expand our footprint throughout the Gulf Coast area, our strategically placed branches help bridge the service gaps in convenience not only for current members but also for non-members seeking other banking options.” 

A grand opening of the Bradenton branch will take place Friday, May 19, from 10 a.m. to 3 p.m.

The state-chartered financial institution, which is based in Lakeland, has been on a growing spree of late. It acquired Ocala Community Bank & Trust of Florida, a $730 million-asset bank, in 2019 before also purchasing the assets of First American Bank of Iowa, with holdings that include a $240 million commercial and residential mortgage portfolio, mostly in the Naples and Cape Coral markets.  

The release states the credit union is planning to open more branches later this year. According to its website, MIDFLORIDA plans to open a Largo location this winter, as well as a branch in Dunedin and another Bradenton branch, both expected to open in early 2024. 

MIDFLORIDA Credit Union is one of the largest in the state with 470,000 members and assets totaling over $7 billion.