Robins Federal Credit Union is expanding its central Georgia footprint by $15 million this month in purchasing all of the assets and accounts of two branches spun off by the $465 million Park Community FCU of Louisville.
The Kentucky CU said its Macon, Ga., facilities, acquired years ago in a merger of the old B&W CU, whose sponsor was the Brown & Williamson tobacco firm, no longer fit into the CU's strategic business plan.
"We felt our future growth lies in metro Louisville," said James Spradlin, the new president/CEO of Park Community, who at year-end succeeded the retiring CEO David Eib. Spradlin previously was executive vice president.
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