Peach State Federal Credit Union and Richmond Community Federal Credit Union have merged. This announcement follows a vote that was held at Richmond Community on June 24th during a Special Meeting of Members. The financial merger, which has been approved by the National Credit Union Administration, is effective July 1, 2015, at which time Richmond Community members will become members of Peach State.

This merger demonstrates a shared commitment on the part of both credit unions’ Boards and management to grow stronger and remain highly competitive in today’s financial marketplace.

Richmond Community FCU was established in 1961 with a mission to serve the financial needs of the entire community. Since then, they have grown to serve approximately 3,000 members throughout Richmond county.

“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. This is an excellent growth opportunity for our credit union and our members,” commented Grace Helms, former President/CEO of Richmond Community Federal Credit Union.

In addition to enhanced products and services, Richmond Community’s members will be able to enjoy lower loan rates and fees as well as extended service hours at the Gracewood branch.