South Carolina Federal will merge with G.H.S. Federal Credit Union
N. CHARLESTON, SC (January 11, 2022) — South Carolina Federal Credit Union is pleased to announce its upcoming merger with G.H.S. Federal Credit Union after an affirmative member vote concluded on December 8, 2021.
After the merger is complete on April 30, 2022, existing G.H.S. Federal branches will become South Carolina Federal locations, and all G.H.S. Federal employees will remain on staff.
“We began serving the Greenville area in 1954, and today we have more than 11,000 members. We are so proud of everything we’ve accomplished, and we know our future is bright.” said Frank Rivers, President of G.H.S. Federal. “Merging with South Carolina Federal will help us better serve our members and do even more for our community.”
After the merger is final, G.H.S. Federal members will have access to 55,000 surcharge-free ATMs and 25 financial centers across South Carolina, as well as a range of new products and services: mortgage loans, enhanced credit cards, business accounts and expanded Online and Mobile Banking. Members will also benefit from investment and retirement services from South Carolina Federal Investment Solutions, through CFS*, and insurance products from South Carolina Federal Insurance Solutions**.
“Greenville is an incredible city that has experienced significant growth in a relatively short period of time,” said Scott Woods, President and CEO of South Carolina Federal. “We are thrilled to be planting roots in Greenville and are looking forward to welcoming G.H.S. members into our credit union family.”
Members who have questions about the merger are encouraged to call 800-845-0432 between 8 a.m. and 6 p.m. Monday through Friday.
About South Carolina Federal Credit Union
Connect with South Carolina Federal Credit Union for products, services, and financial literacy. With more than 175,000 members and $2.5 billion in assets, the member-owned financial institution operates 29 offices and serves seven major markets including Charleston, Columbia, Georgetown, Greenville, Florence, Myrtle Beach, 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
