DFCU Financial Acquires MidWestOne Bank's Florida Operations
June 10, 2024
DFCU Financial completed the acquisition of MidWestOne Bank's Florida operations, adding branches and customers in the Naples-Marco Island and Cape Coral–Fort Myers MSAs. The move expands DFCU's field of membership into Lee, Collier and Charlotte counties and brings MidWestOne’s Florida customers and employees into DFCU.
- Buyers
- DFCU Financial
- Targets
- MidWestOne Bank (Florida operations)
- Sellers
- MidWestOne Bank, MidWestOne Financial Group, Inc.
- Industry
- Financial Services
- Location
- Iowa, United States
- Transaction Type
- Divestiture
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