Harvesters Credit Union plans to buy bank in Florida

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.