Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the benefits of a merger between SCCU and EFFCU?

April 26, 2017Benefits effcu merger sccu

0

10 Posted

What are the benefits of a merger between SCCU and EFFCU?

1 Answer

0

10 Posted

• Greater operating efficiency, which will ensure a high return to members in the form of high deposit rates, low loan rates, and more free and low-cost services. • The combined market areas provide greater access for existing members. • Added convenience. More branches and ATMs will be available to serve members. • Improved service. SCCU has developed highly efficient, centralized lending and account opening processes that, when expanded into the EFFCU market area, will provide faster, more convenient service to members. • Expanded product offerings and expanded access to these products. • Combining our organizations will strengthen our presence in Florida and position us to grow and expand, which will improve the return to you, our member-owners.