One of the largest credit unions in New York, Teachers Federal Credit Union plans to make the Tampa Bay market its first out-of-state location.
After the Tampa branch, the credit union in Florida plans to move down the west coast and eventually into other cities like Orlando and Miami.
Teachers is the third largest credit union in New York with $8.9 billion in assets and more than 427,000 members, according to the National Credit Union Service Organization.
The move will continue to strengthen the “New York-Florida connection” as more people migrate from New York to Florida or have a second home here.
The new branch will be located in the Westshore area with plans to open by the end of the year.