COLUMBIA, S.C. – In an unusual move last week, members of the$344 million Heritage Trust FCU, who have joined the CU through itsColumbia, South Carolina branches, voted to determine whether theirbranches remains with Heritage or transfer to the $1.2 billionSouth Carolina FCU.
Bill Maher, a senior vice president with Heritage said that thevote had been lopsided in favor of the transfer which both creditunions had agreed to put into place after a management change atHeritage, Maher said.
“Our new management felt that we could do better by focusing onthe Charleston market, where we have a strong presence already,”Maher explained. “Columbia already has a number of credit unionspresent and just wasn't as good a fit for us,” he said.
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