The $457 million Insight Credit Union of Orlando, fresh from winning regulatory approval to expand its field of membership by six counties and 200,000 potential members, detailed Friday a branch growth plan that includes bidding on abandoned bank branches.
The expansion package includes submitting bids to the FDIC on two closed branches of a failed bank.
"We're now in due diligence after making our bids for two vacant properties in the Ocala area," said George Davis, president/CEO. He said the closed branches belonged to Central State Bank of Florida, which collapsed in January and later merged with another bank.
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