SAVANNAH, Ga.–Center Parc Credit Union held ribbon-cutting ceremonies for its first two Savannah-area branches, the first inside the Walmart at 160 Pooler Parkway, the second at the Walmart at 6000 Ogeechee Road.
Center Parc is a division of APCU, the oldest credit union in Georgia.
“Walmart has built its reputation on providing value to consumers, and as a result draws millions of shoppers each year,” said Chuck Head, CEO. “By having branches inside Walmart stores, Center Parc will be able to help these individuals navigate their financial lives at a time and place that is convenient to them."
Center Parc’s expansion into the Savannah area, which also will include a new flagship location planned for 2021, will impact the local economy in several ways, including new jobs and investment in local businesses, the credit union said.
“Center Parc is committed to supporting the citizens of Savannah and the surrounding areas," Head continued. "We are further committed to supporting the small businesses that drive our economy and will endeavor to meet the needs of our branches through locally-sourced goods and services.”
Each branch is located at the front of the store, near customer service, providing easy access. Services offered include checking with a long list of member benefits; affordable auto, mortgage and consumer loans, including VA mortgages; a fee-free, rewards-generating credit card; certificates of deposit that pay exceptional rates; money market accounts and other savings options.
“As a credit union cooperative owned by its members instead of shareholders, Center Parc is motivated by a passion to serve and improve people’s lives, not making a profit,” said Head. “This allows us the ability to offer better rates and lower fees than for-profit banks.”