Atlantic Coast Financial Corporation Expands Footprint in Florida, Agrees to Sell Its Branch in Garden City, Georgia

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Atlantic Coast Financial Corporation ("Atlantic Coast" or the "Company," NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that the Company continues to expand its presence in Florida by opening commercial banking and mortgage origination offices in Orlando and Tampa. The Company recently reported year-over-year loan growth of 28%, reflecting ongoing efforts to extend the reach of its business, while strengthening existing client relationships.