Midwest credit union continues promised expansion into Florida

Lake Michigan Credit Union buys Pilot Bank helping keep CEO plan to make Florida its "second home."

  • By Business Observer Staff
  • | 4:09 p.m. June 22, 2021
  • | 0 Free Articles Remaining!
FILE: Lake Michigan Credit Union buys Pilot Bank helping keep CEO plan to make Florida its "second home"
FILE: Lake Michigan Credit Union buys Pilot Bank helping keep CEO plan to make Florida its "second home"
  • Tampa Bay-Lakeland
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Five years after saying Southwest Florida was going to be its second home, Lake Michigan Credit Union has bought another bank in the area.

This time the Grand Rapids-based financial institution picked up Tampa-based Pilot Banchsares, the parent company of Pilot Bank and the National Aircraft Finance Co.

 

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