Thursday, June 1, 2017

IBM Southeast Employees' CU Completes Acquisition of Mackinac Savings Bank

IBM Southeast Employees' Credit Union (Delray Beach, FL) announced the merger and acquisition of Mackinac Savings Bank, in Boynton Beach, Florida.

The $109 million Mackinac Savings Bank has offices in Palm Beach County, Florida and lending offices in Florida, Massachusetts and Michigan.

IBM Southeast Employees Credit Union has $980 million in assets and 16 branches in Georgia and Florida.

Read the press release.

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