Georgia’s Own Credit Union, the second largest credit union in the state, today announced its planned merger with Health Center Credit Union (HCCU), a financial cooperative based in Augusta, Georgia. Established in 1976, HCCU was initially chartered to serve individuals associated with Augusta University, AU Health, the Columbia, Richmond and Lincoln County school systems and local medical and dental offices. HCCU members will have the opportunity to approve the merger in the coming weeks.
“We are thrilled to welcome the employees and members of Health Center, while continuing to expand our reach in key markets across the state,” said David Preter, president and CEO of Georgia’s Own Credit Union. “We are committed to making this a smooth transition for all and are confident we can deliver added value through our exceptional products and services.”
Health Center Credit Union serves over 6,400 members and counts 16 employees across its two branches in Augusta and Evans, Georgia.
“Georgia’s Own has a longstanding reputation of doing right by its members and doing good in the community, so we are incredibly aligned when it comes to our core values,” said Stacy Tallent, CEO of Health Center Credit Union. “We look forward to integrating into their team and continuing to take care of the members who have entrusted us with their assets.”
The merger comes as part of Georgia’s Own’s overall strategy to grow its footprint in key markets across the state. The merger, once complete, will increase Georgia’s Own’s total assets to over $4.8 billion.
For more information about Georgia’s Own Credit Union, visit georgiasown.org.
About Georgia’s Own Credit Union
Georgia’s Own Credit Union has been a source of full-service banking and financial solutions for Georgians since 1934. Because it’s owned by and reports to its members (instead of stockholders), the not-for-profit institution can provide lower loan rates and fewer and lower fees than what is typically found in the market, all of which amounts to significant savings for families across the state. The 89-year-old credit union serves the metro Atlanta and surrounding areas, as well as Savannah, Kingsland, Albany and Augusta through its 35 branch locations, its contact centers, 24/7 phone banking, as well as its mobile, tablet and online banking platforms. Visit georgiasown.org to discover more about its commercial, industrial, commercial real estate, equipment and government-secured lending, in addition to a full suite of business deposit products, on-line business banking, treasury solutions, merchant service and payroll services.
About Health Center Credit Union
HCCU has been serving members locally in Augusta since 1976. Employees live and work in the community, and understand members’ lifestyle and financial needs. HCCU’s field of membership includes nearly everyone in the Augusta area including all persons associated with Augusta University, AU Health, the Columbia, Richmond, and Lincoln County school systems, area medical and dental offices, and any immediate or extended family members of those meeting the above membership requirements.