Republic Security Financial Corp. of West Palm Beach, Fla., which has bought six community banking companies since 1992, is planning to buy another.

The company, with $949 million of assets, announced last week that it has a deal to buy Unifirst Federal Savings Bank of Hollywood, Fla. Unifirst, with $140 million of assets, operates two branches in Broward County.

The deal is expected to close in the third quarter. Republic Security said it would exchange about 1.2 million shares for all outstanding Unifirst shares.

At current trading prices, the deal would come in at $13.6 million.

Republic Security bought its last bank, County National Bank of North Miami Beach, in the fourth quarter.

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