Two Bay-Space Neighborhood Credit score Unions Announce Merger


SAN FRANCISCO, Feb. 01, 2022 (GLOBE NEWSWIRE) — San Francisco Federal Credit score Union introduced as we speak that they’ve merged with Redwood Metropolis-based My Credit score Union, efficient January 1, 2022. The two,000 members of My Credit score Union are becoming a member of San Francisco Federal Credit score Union’s 47,000 members, and My Credit score Union’s department at 510 Veteran’s Boulevard might be added to the present San Francisco Federal Credit score Union’s department community.

Since being established in 1963, My Credit score Union has served the group of San Mateo County and has belongings totaling $37 million. “Our members overwhelmingly supported this merger with San Francisco Federal Credit score Union as a result of we share the identical values and place the identical robust emphasis on member service,” says My Credit score Union ‘s President Alex Casillas. “This merger offers our members with new merchandise and advantages, and it will increase their entry to a wider department community.”

San Francisco Federal Credit score Union, established in 1954, has $1.3 billion in belongings and serves members in San Francisco and San Mateo County. “This merger permits us to additional improve the supply of our providers to our members within the better San Mateo County space,” says Jonathan Oliver, President & CEO of San Francisco Federal Credit score Union

“I might additionally prefer to thank Glenn Christensen of the CEO Advisory Group who helped us solidify the merger.”

About San Francisco Federal Credit score Union
San Francisco Federal Credit score Union has been serving its members since 1954 and is federally insured by the Nationwide Credit score Union Administration. The credit score union offers monetary providers to just about 47,000 members and has belongings of $1.3 billion. For extra data, go to SanFranciscoFCU.com

For Extra Info:                                                
Rob A. Seide
415-615-7012
Rob_Seide@SanFranciscoFCU.com

A photograph accompanying this announcement is on the market at https://www.globenewswire.com/NewsRoom/AttachmentNg/fa47a9bc-1986-42f8-ae91-81d4cd469e53



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