Two Georgia Credit Unions In Peach Of A Merger

From left: Robert Bradford, Richmond Community FCU board member; Grace Helms, CEO of Richmond Community FCU; and Marshall Boutwell, CEO of Peach State FCU.

LAWRENCEVILLE, Ga.—Peach State Federal Credit Union and Richmond Community Federal Credit Union have merged. 

The merger, which has been approved by NCUA, is effective July 1, 2015. Peach State FCU will be the surviving credit union.

The $282-million Peach State FCU has 44,00 members. The $18-million Richmond Community CU has approximately 3,500 members.

“By combining our resources, we will be able to provide Richmond Community’s members with an enhanced selection of products and services,” said Peach State President/CEO, Marshall Boutwell. “Our goal is to help all of our members continue to build a financially strong and prosperous future. The Richmond Community Team is excited about this partnership and the ability to provide our members with a vast array of additional products and services.”

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