The South Carolina Federal Credit Union, which is the oldest and largest locally owned financial institution in the Lowcountry, recently earned regulatory approval for its expansion plans scheduled for this year.
The credit union, headquartered in North Charleston, is now able to serve small businesses and individuals located in Myrtle Beach and Florence. The credit union can also provide services to seven counties located in the Pee Dee region.
“This is a tremendous opportunity to provide greater access to products and services to people in the Pee Dee and Grand Strand regions, and to strengthen our commitment to the state of South Carolina,” Scott Woods, President & CEO of South Carolina Federal, said. “We understand the value of being local and are privileged to now extend those benefits by growing the South Carolina Federal family. We look forward to extending our operations into these new markets.”
People working, living, attending school, or worshipping in Charleston, Berkeley, Calhoun, Dorchester, Georgetown, or Orangeburg counties, in addition to the Columbia region, are able to join the credit union’s 17 financial centers.
As of today, over 150,000 members of the South Carolina Federal Credit Union belong to and own the not-for-profit financial cooperative. It is a community-chartered credit union with more than $1.5 billion in assets.
140 Bee St
Charleston, SC 29401