Jefferson Bankshares in Oldsmar, Fla., has raised $2.4 million.

The $208 million-asset company raised the funds from new and existing stockholders, according to the Tampa Bay Business Journal. Changes in the company structure and the new capital will help the Jefferson grow, Robert McGivney, the company's chief executive, told the publication.

Jefferson has five branches.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.