South Carolina Federal completes third merger of 2020
NORTH CHARLESTON, SC (November 2, 2020) — South Carolina Federal Credit Union is proud to announce its completed merger with Charleston County Teachers Federal Credit Union. This is South Carolina Federal’s third merger this year after merging with Health Facilities Federal Credit Union in March and Spartanburg City Employees Credit Union in August.
As a result of the merger, members will benefit from new and enhanced products and services, including debit and credit cards, online banking, mortgages and ATM access. The Charleston County Teachers Federal location on Carriage Lane is closed as members now have access to 24 South Carolina Federal financial centers across the state.
“We have served the Charleston area since 1936 and are proud that we have continued to grow alongside our community,” said Scott Woods, president and CEO of South Carolina Federal. “We are thrilled to welcome our friends at Charleston County Teachers Federal Credit Union into the SC Federal family. We look forward to working together on everything from day-to-day transactions to more complex financial needs. We’re here to help make their Life Simplified.”
Members who have questions about the merger are encouraged to call 800-845-0432 between 7 a.m. and 7 p.m. Monday through Friday, and 8 a.m. to 1 p.m. on Saturday.
More information about the merger and how it impacts members can be found at https://www.scfederal.org/cctfcu.
About South Carolina Federal Credit Union
Connect with South Carolina Federal Credit Union for products, services and financial literacy. More than 165,000 members and $2.4 billion strong, the member-owned cooperative operates 25 offices and serves six major markets including Charleston, Columbia, Georgetown, Greenville, Florence and Spartanburg. Over 55,000 surcharge-free ATMs are available worldwide through the Allpoint Network. More information about South Carolina Federal can be found at scfederal.org.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. CUSO Financial Services, L.P. and its representatives do not provide tax advice. For such advice, please contact a tax professional.
