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United Fidelity Bank closes deal for Missouri-based Reliance Bank's Fla. branch

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United Fidelity Bank closes deal for Missouri-based Reliance Bank's Fla. branch

United Fidelity Bank FSB completed its acquisition of Reliance Bank's Metro banking center located at 14241 Metro Parkway in Fort Myers, Fla.

Under the deal, United would acquire all the real property, equipment, and other selected assets associated with the branch and assume all deposits and selected loans.

A news release indicated that United will now have 14 banking centers and total assets of about $440 million.

Evansville, Ind.-based United is a unit of Fidelity Federal Bancorp. Frontenac, Mo.-based Reliance is a subsidiary of Reliance Bancshares Inc.