Thursday March 28th, 2024 6:59AM

MyGeorgia Credit Union expands with new merger

By Austin Eller News Director

MyGeorgia Credit Union, previously known as HALLCO Community Credit Union, has announced it is expanding operations under a merger with Athens-based First Reliance Federal Credit Union.

According to a press release from MyGeorgia, membership to the 50-year-old financial institution will now be available to those who live and work in Clarke, Madison, Oconee and Oglethorpe Counties due to the merger. 

The merger with First Reliance Federal Credit Union comes just one year after a previous merger with Habersham Federal Credit Union.

“We are delighted to add First Reliance Federal Credit Union account holders to the MyGeorgia family,” said Joe Foster, president and CEO of MyGeorgia Credit Union. “As was the case in our merger with Habersham Federal Credit Union last year, First Reliance is ideally aligned to our own founding principles and customer-first approach. First Reliance’s tagline ‘personal trustworthy service’ really says it all. Their members can expect to see the same faces they’ve come to know and trust at their Athens branch, while enjoying the full benefits of MyGeorgia services and a larger network of branch locations.”

MyGeorgia served more than 17,000 members within an eight-county district of North Georgia prior to the merger. MyGeorgia expands to 20,000 members within a twelve-county district following the merger.

The institution is a not-for-profit organization owned by its members and directed by a voluntary board of directors. The directors are credit union members who are elected by the membership and serve without pay. Accounts are insured up to $250,000 through the National Credit Union.

Membership is available to those who live and work in Banks, Clarke, Dawson, Habersham, Hall, Jackson, Lumpkin, Madison, Oconee, Oglethorpe, Rabun and White Counties. Membership benefits are also available to immediate family members, including a spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, stepsibling and adopted relationship.

Those who meet the specifications can become a member with an initial deposit of five dollars. 

MyGeorgia Credit Union offers traditional banking services to its members, including auto loans, home loans, checking accounts, savings accounts, money market accounts, personal loans, credit cards, mobile banking, online bill pay, member transfer services and more.

To learn more, visit www.mygacu.com

 

  • Associated Categories: Homepage, Local/State News
  • Associated Tags: Athens, HALLCO Community Credit Union, HALLCO, MyGeorgia, MyGeorgia Credit Union, Credit Union
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