PERRY, Fla. (2/18/15)--Buckeye Community FCU (BCFCU) has reached an agreement with Citizens State Bank to acquire the bank's branch in Madison, Fla., pending state and federal regulatory approval.
The acquisition would give Perry, Fla.‐based Buckeye Community FCU a second branch and provide Madison County with a local community‐based credit union option for its residents.
Charlton Knowles, president/CEO of the $75 million-asset credit union, pointed out how "proud BCFCU will be to have a branch office in Madison County. We already serve many residents of Madison County; now we will be able to more conveniently serve our existing members and those new members who join our credit union family."
Knowles said Buckeye Community FCU will retain the bank branch's current staff, who "will be a great asset to our credit union."