IBM Southeast Employee Credit Union in Delray Beach, Fla., has reportedly filed an application to buy Mackinac Savings Bank in Boynton Beach, Fla.

The credit union filed paperwork with the Federal Deposit Insurance Corp. to buy the $110 million-asset Mackinac, the South Florida Business Journal reported on Monday. Mackinac declined to comment to the publication, while the credit union did not return a request for comment.

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