JACKSONVILLE, Fla. — First Florida Credit Union and Seaboard Credit Union are in merger talks.
If approved, the merger will become effective during the first quarter of 2007 creating the fourth largest credit union in the Jacksonville area with more than $330 million in assets and over 45,000 members.
The continuing credit union will be First Florida with Seaboard operating as Seaboard CU, a Division of First Florida Credit Union. The boards of directors will be merged with no loss of representation from either organization.
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