On December 12, 2022, Dort Financial Credit Union, Grand Blanc, Michigan, entered into a definitive agreement to acquire Flagler Bank, West Palm Beach, Florida.
Dort Financial Credit Union serves more than 103,000 members, with assets over $1.4 billion and ten locations in Michigan.
Flagler Bank has approximately $490 million in assets and currently operates four branch offices in Palm Beach County, Florida.
Luse Gorman has acted as counsel on more than 100 bank and credit union M&A transactions during the past seven years and more bank and credit union M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.