GREENSBORO, N.C.–Summit Credit Union here said it has completed its merger with the former Century Employees Savings Fund CU.
The $9-million CESFCU was chartered in 1966 and at the time of the merger was serving employees of Century Furniture, Hancock and Moore, and Valdese Weavers. The credit union cited “expanded services” in choosing to merge.
Effective this week, the 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.”
The $220-million Summit CU has approximately 33,000 members.