Dort Financial Credit Union Acquires Flagler Bank
December 14, 2023
Dort Financial Credit Union completed its acquisition of Flagler Bank (Flagler Bancshares Corporation) on December 14, 2023, adding four Florida branches and increasing Dort Financial's assets to over $2 billion. Dort Financial will operate in Florida as "Flagler Credit Union, a Division of Dort Financial," keeping the existing Flagler branches and converting members to Dort's systems to expand its geographic footprint and member services in Palm Beach and surrounding counties.
- Buyers
- Dort Financial Credit Union
- Targets
- Flagler Bank
- Sellers
- Flagler Bancshares Corporation, Flagler Bank
- Industry
- Financial Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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