Florida

PALM SPRINGS and WEST PALM BEACH, Fla. — It's not often that competing financial institutions agree to share, but that's not the case for two Florida credit unions.

TALLAHASSEE, Fla. — Credit union membership is up in Florida and Alabama, thanks in part to the success of a long-term branding campaign started more than three years ago.

Iberiabank Corp. in Lafayette, La., was initially willing to pay up to $24 million more than what it eventually agreed to pay for Florida Bank Group in Tampa.

LOS ANGELES and NOTRE DAME, Ind. — Two collegiate credit unions are putting a football rivalry to good use.

TAMPA, Fla. — Efficient member onboarding is a continuing challenge for most credit unions, which is why Grow Financial Credit Union decided to test tablet technology to sign up members' offsite, but with a personal touch.

Safeway FCU and Spokane City CU have selected D+H Corp. in Lake Mary, Fla., as their provider of outsourced, online banking services.

MERRIT ISLAND, Fla. — Kennedy Space Center Federal Credit Union was flying high.

Fidelity Southern in Atlanta has agreed to buy deposits and loans from Florida Capital Bank.

Columbia Banking System in Tacoma, Wash., and First Business Financial Services in Madison, Wis., were among a sizable group of banking companies that completed acquisitions in recent days.

MEDLEY, Fla. — Besides the usual measures of requiring a down payment, adjusting the interest up, and staying on top of collections, Compass Financial Federal Credit Union uses a few other tactics that focus less on interest rates and credit scores to keep delinquencies in check, and more on the vehicles being financed themselves.

The Florida company's business plan relies heavily on consolidation, but management hasn't announced a deal in more than two years. CEO Gene Taylor recently told analysts that M&A remains a focus, but the company will no longer discuss the topic until it has something to announce.

EverBank Financial in Jacksonville, Fla., reported higher quarterly profit due to an uptick in residential lending.

Iberiabank is excited to add equipment finance and an SBA lending platform when it buys Old Florida Bancshares. The deal also gives the Louisiana company its first branches in Orlando.

Iberiabank in Lafayette, La., has agreed to acquire Old Florida Bancshares in Orlando.

FCB Financial Holdings, in Weston, Florida, reported a $3.4 million loss in the third quarter that relected costs tied to its initial public offering.

Bank United in Miami Lakes, Fla., reported lower quarterly profit as declining yields offset a rapidly expanding loan portfolio.

The $1.5 billion-asset company disclosed in a regulatory filing Monday that Kathryn Pemble had become its Florida market president.

HCBF Holding in Fort Pierce, Fla., has agreed to acquire First America Holding in Bradenton, Fla.

Capital Bank Financial Corp. in Coral Gables, Fla., reported higher third quarter earnings driven by lower expenses and asset quality improvements.

Sunshine Bancorp in Plant City, Fla., has hired a former executive at Susquehanna Bancshares in Lititz, Pa., as its chief executive.