Harvesters Credit Union in Cantonment, Fla., has agreed to buy First National Bank Northwest Florida in Panama City.
The $239 million-asset First National filed an application with the Federal Deposit Insurance Corp. for the proposed merger on Aug. 5.
The filing wasn’t immediately available.
The $275 million-asset Harvesters has more than 18,000 members. First National has two branches.
Ten credit unions have announced agreements to buy banks this year.