LAWRENCEVILLE, Ga.–Members ofLakelands Federal Credit Union here have approved a merger with Peach State FCU. The combination, which has been approved by the NCUA, is effective April 1.
The $12-million Lakelands FCU was chartered in 1975 to serve the needs of the employees of the Greenwood Mills, Inc. in Greenwood, S.C. In October of 2000, it was approved for a community charter, which made it possible to serve anyone who lives, works, worships, or attends school in Greenwood, S.C. The $433-million Peach State has more than 55,000 members in Georgia and South Carolina.
“This is an important time for our credit union,” said Marshall Boutwell, president/CEO of Peach State. “Peach State is growing rapidly with a goal of meeting the needs of credit union members throughout the entire Northeast Georgia and Southwestern South Carolina areas. We look forward to welcoming Lakelands to the Peach State family.”