Michigan credit union DFCU Financial to acquire Florida’s Gulfside Bank

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DFCU Financial will acquire Florida’s Gulfside Bank in a transaction whose value was not disclosed, marking DFCU’s fourth expansion in Florida in nearly four years. The acquisition will add two branches to DFCU; as of June 30, Gulfside had USD 344.6 million in assets, USD 294 million in deposits, and USD 253 million in loans.