GRAND BLANC, Mich. & VERO BEACH, Fla.-ELGA Credit Union has announced that it has completed its acquisition of Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the holding company for Marine Bank & Trust Company (“Marine Bank”). This follows receipt of all required approvals, including from all relevant regulatory authorities and from the company’s shareholders. With the completion of the transaction, Marine has rebranded as: Marine – A Division of ELGA Credit Union.
