|2 longtime Jacksonville-based credit unions agree to merge|
|News - St Augustine Area & St Johns County|
JACKSONVILLE — Two longtime Jacksonville-based credit unions have agreed to merge. First Florida Credit Union and State Employees Credit Union would have almost 60,000 members and more than $700 million in assets if the merger is approved by members and state and federal regulatory agencies.
The merger has been approved by each board of directors and an intent to merge has been signed. The combined credit union would operate under the First Florida Credit Union name.
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