The South Florida Business Journal identified the branch as the office in New Port Richey.
The move is expected to save 1st United Bancorp Inc. (NASDAQ: FUBC), headquartered in Boca Raton, $400,000 a year, a statement from the company said.
The branch, with $28.9 million in deposits on June 30, 2012 – the most recent data available from the Federal Deposit Insurance Corp. – is 1st United’s only branch in Pasco County. Customers and employees will relocate to another 1st United banking center, the company said in a statement.
Source: bizjournals.com