LAKE MARY, Fla. – Addition Financial Credit Union has announced an addition to its field of membership, saying it is now expanding in Brevard County, Fla. The credit union, which announced its intent to acquire Fidelity Bank of Florida in January, said it move into its newest branch in Merritt Island this fall when the merger is complete.
“We are pleased to welcome Fidelity’s customers to the Addition Financial family. Fidelity has demonstrated longstanding excellence in its business lending and the service it provides to the community, and we look forward to this opportunity to join forces and positively impact Brevard County,” said Kevin Miller, president and CEO of Addition Financial.
Fidelity, which is based in Merritt Island and specializes in business lending, also operates a second branch in Longwood. The merger will not only strengthen Addition Financial’s business lending activities, but will also give Fidelity customers access to more branches throughout Central Florida and provide them with additional consumer products and services, the credit union said.
After October 5, Addition Financial members will be able to utilize the Merritt Island branch, which will receive a fresh new look and an ATM for members’ convenience. Fidelity’s Longwood branch will be closed for renovation until Nov. 1. When the work is completed, the branch will have a modern layout including member-friendly teller pods and an ATM. Addition Financial’s Longwood branch, also located on State Road 434, will be relocated to the renovated branch, the credit union said.