Summit Credit Union announces partnership merger with Century Employees Savings Fund Credit Union
GREENSBORO, NC (September 28, 2017) — Century Employees Savings Fund Credit Union (CESFCU)—chartered in 1966 and now serving employees of Century Furniture, Hancock and Moore, and Valdese Weavers—will complete a partnership merger with Greensboro-based Summit Credit Union on October 1. CESFCU’s Board of Directors selected Summit Credit Union in order to expand its services to members; and on June 27, 2017, CESFCU members voted in favor of the merger.
Beginning Monday, October 2, CESFCU’s 1,430 members will become members of Summit Credit Union and will have access to Summit CU’s full portfolio of personal financial products, including checking accounts, debit cards, credit cards, home banking, direct deposit, mobile app, ATMs, and more.
“The CESFCU partnership merger is part of our continuing effort to expand our presence in Hickory and show our commitment to the area,” said Sam Whitehurst, president and CEO of Summit Credit Union. “We just completed the building of a new branch in Hickory, added a call center there, and hired additional employees, as well.”
Summit Credit Union operates a full-service branch office at 102 First Avenue NE in Hickory. It provides financial services to employees at many companies in the Hickory area. These include Frye Regional Medical Center, Corning Optical Communications, Gaines Motor Lines, Carolina Coach & Marine, Blue Ridge Harley Davidson, Hickory Brands, and RPM Wood Finishes Group, just to name a few.
Summit Credit Union was established in 1935 and provides financial services to employees at more than 275 businesses (both large and small) throughout North Carolina. It has additional branch offices in Winston-Salem (2), Greensboro (2), Raleigh, and Oxford It has approximately 33,000 members and assets of approximately $220 million.
About Summit Credit Union (NC)
Summit Credit Union was established in 1935 and is a full-service not-for-profit financial cooperative, providing services to employees at over 300 companies throughout North Carolina. It has about 37,000 members and approximately $338 million in assets. Summit Credit Union
offers a full portfolio of personal financial products, including checking accounts, debit cards, credit cards, online banking, direct deposit, mobile app, ATMs, and more.
For more information, visit SummitCU.org and follow us on Facebook, Instagram, Twitter, and LinkedIn.
