Operating Company Financial Services

DFCU Financial

Dearborn, Michigan, United States

Member-owned credit union offering full-service branches in Michigan and Florida and financial services including deposits, lending, and non-deposit investment products/services (via CUSO Financial Services, L.P. / CFS).

Focus Areas
Community Banking, Retail Branch Network, Commercial Banking

Tracked deals

3

3 tracked deals across 2023-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 divestiture

DFCU Financial Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for DFCU Financial. 1 2023 2 2024

Supporting Data

Recent Transactions

  • DFCU Financial Acquires Winter Park National Bank
    November 8, 2024
    Buyer
    DFCU Financial
    Target
    Winter Park National Bank
    Industry
    Financial Services
    Location
    Florida, United States
    Type
    Buyout

    DFCU Financial announced its intent to acquire Winter Park National Bank, a Winter Park, Florida-based commercial bank, expanding DFCU's Florida footprint. Winter Park National Bank, founded in 2017 with two branches and about 32 employees, will be retained under DFCU with CEO David Dotherow named Central Florida Area President; branches will be rebranded and integrated in 2025 pending regulatory approval.

  • DFCU Financial Acquires MidWestOne Bank's Florida Operations
    June 10, 2024
    Buyer
    DFCU Financial
    Target
    MidWestOne Bank (Florida operations)
    Seller
    MidWestOne Bank, MidWestOne Financial Group, Inc.
    Industry
    Financial Services
    Location
    Iowa, United States
    Type
    Divestiture

    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.

  • DFCU Financial Acquires First Citrus Bank
    January 3, 2023
    Buyer
    DFCU Financial
    Target
    First Citrus Bank
    Seller
    First Citrus Bancorporation
    Industry
    Financial Services
    Location
    Florida, United States
    Type
    Buyout

    DFCU Financial has completed its acquisition of First Citrus Bank and rebranded the combined operations as DFCU Financial. The deal expands DFCU's presence into the Tampa Bay/Florida market and brings First Citrus customers access to DFCU's broader product set including mortgages, consumer loans, and investment services.

Related Acquisition Pages

Financial Services Buyers & Acquisitions 3 tracked deals by DFCU Financial. Acquisitions in Florida 2 tracked deals by DFCU Financial. Acquisitions in Iowa 1 tracked deal by DFCU Financial.

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