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First Citrus Bancorporation, Inc. Shareholders Approve Transaction with DFCU Financial
TAMPA, FL., August 9, 2022 – First Citrus Bancorporation, Inc. (OTC Markets: FCIT), the parent bank holding company for First Citrus Bank, announced that its shareholders approved the DFCU Financial all-cash transaction on Thursday, August 4, 2022. Subject to the terms of the agreement, shareholders of FCB will receive $47.75 in cash for each share…
First Citrus Bancorporation, Inc. Reports Solid Growth in 2022 Second Quarter
TAMPA, FL., August 1, 2022 – First Citrus Bancorporation, Inc. (OTC Markets: FCIT), the parent bank holding company for First Citrus Bank, released its financial results for the second quarter of 2022. Net income of $987,000 for the quarter ended June 30, 2022, was 33% lower than the first quarter of 2022 and 50% lower…
First Citrus Bank SBA Loan Program Helps Tampa Bay Business Owner Grow Jobs Following Acquisition
First Citrus Bank SBA Loan Program Helps Tampa Bay Business Owner Grow Jobs Following Acquisition Tampa, Fla., July 1, 2022 – New job growth is happening in the Tampa Bay area, thanks to the local initiative of U.S. Orthotics’ most recent owner, Saleem Musallam. Musallam is already established within the community as the CEO and…
Credit Unions are Becoming the New Community Banks
First Citrus Bank President and CEO Jack Barrett, DFCU President and CEO Ryan Goldberg, and other credit union officers address the influx of credits unions acquiring banks in Florida. Within the article, Goldberg explains the trend, “Credit unions are buying banks to enter new markets, diversify their balance sheets and income statements, as well as…
