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Etowah Valley Federal Credit Union members vote to join with Georgia United Credit Union
DULUTH, GA (July 8, 2015) — The membership of Etowah Valley Federal Credit Union voted yesterday in support of the proposed merger with Georgia United Credit Union. The vote took place at a Special Meeting held at Etowah Valley FCU’s office on July 7, 2015. The merger will be effective August 3, 2015.
Debbie Smith, president/CEO of Georgia United Credit Union, stated: “We welcome the members and employees of Etowah Valley into our family. This strategic partnership enables us to pool our resources and enhance the member experience while continuing to expand our range of service into Cartersville and Bartow County.”
The Board of Directors for Georgia United Credit Union and Etowah Valley FCU had previously announced their intention to merge earlier this year. Both credit union boards approved and submitted merger plans to their respective state and federal regulatory agencies, regulatory approval was granted, and the approval from Etowah Valley FCU membership was the last requirement to finalize merger plans.
Upon completion of the merger, the two credit unions will move forward as one legal entity, operating under the name and charter of Georgia United Credit Union. Georgia United will maintain the existing Etowah Valley branch in Cartersville, Ga., and open its doors as one on August 3. This is in addition to Georgia United’s other 17 branches in the state, plus nationwide access through the shared branch network.
About Etowah Valley Federal Credit Union
Established in 1970, Etowah Valley Federal Credit Union was established to offer basic services and personal loans to local manufacturing companies. Through one main branch in Cartersville, Ga., they serve select employee groups including the City of Cartersville, Polk County School District and Gerdau, as well as other Bartow County communities. They currently serve approximately 3,000 members and hold $21 million in assets. For more information, please call 770.382.7373 or visit evfcu.com.
About Georgia United Credit Union
Established in 1958, Georgia United Credit Union is one of the largest and strongest member-owned credit unions in Georgia with over 139,000 members, 17 branches full service branches, access to 5,000 shared branches and over 100,000 surcharge-free ATMs nationwide. As a full-service financial institution committed to improving its members’ lives and local communities, Georgia United serves all State Agency employees, Board of Regents colleges and universities, employees of over 500 companies and 14 school systems. For more information, please call 770.476.6400 or visit georgiaunitedcu.org.