Press
San Francisco Federal Credit Unions completes merger
SAN FRANCISCO, CA (October 1, 2013) — San Francisco Federal Credit Union, a not-for-profit, member-owned financial institution serving San Francisco and San Mateo Counties, has completed a merger with San Francisco BPR (Bureau of Public Roads) Federal Credit Union.
San Francisco BPR Federal Credit Union officially closed its doors on September 30, 2013. That credit union’s members, numbering about 260, will become members of San Francisco Federal Credit Union on October 1, 2013.
“We’re thrilled with the teamwork between our employees here and the staff at San Francisco BPR Federal Credit Union to make this merger a success,” said Steven Stapp, President and CEO of San Francisco Federal Credit Union. “We continue to expand our membership base and are excited about this new opportunity.”
San Francisco BPR Federal Credit Union exclusively offered savings and loan products to its members. Those members will now have access to an expanded package of services through San Francisco Federal Credit Union, including checking account options, online banking, mobile banking and real estate loans.
“We look forward to helping our newest members reach their financial goals with our unique mix of products and services,” said Stapp. “San Francisco BPR has provided its members with attentive, personal service for many years. Now it’s our turn to continue that legacy.”
About San Francisco Federal Credit Union
San Francisco Federal Credit Union has been serving San Francisco since 1954. Today, anyone who lives, works, worships or attends school in San Francisco and San Mateo Counties may apply for membership. We currently serve more than 31,000 members. San Francisco FCU is federally insured by the National Credit Union Administration and is an Equal Housing Lender.