MidFlorida Credit Union Plans Two Mergers

Lakeland’s MidFlorida Credit Union has announced plans to merge with Ocala’s Community Bank & Trust of Florida and the Florida assets of First American Bank of Iowa by the end of the year. The MidFlorida-Community merger would create a combined entity with $4 billion in assets and $3 billion in loans, with 1,100 employees and 63 full-service branches, according to a news release.
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