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Dort Financial Credit Union to acquire Flagler Bank in Florida

GRAND BLANC On Dec. 12, Dort Financial Credit Union entered into an agreement with Flagler Bancshares Corporation to acquire Flagler Bank, which is headquartered in West Palm Beach, Florida. The transaction, which would grow Dort Financial Credit Union’s assets to nearly $2 billion, requires approval by applicable bank and credit union regulators and Flagler

Snowbird strategy: Michigan credit union buying Florida bank

Dort Financial Credit Union in Grand Blanc, Michigan, has agreed to buy Flagler Bank in South Florida. The deal would allow Dort "to better serve our members who spend winters in Florida," its CEO says.

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