Credit unions in Tennessee and Alabama have selected new names to reflect anticipated changes or growth in their fields of memberships.
The $46 million Johnson City Federal Credit Union in Johnson City, Tenn., announced in January that it changed its name to Select Seven Credit Union to reflect its recent expansion from serving members in only one county to seven counties in Northeast Tennessee and Southwest Virginia.
Last spring, the NCUA approved Select Seven's expansion into the Northeast Tennessee and Southwest Virginia markets. The credit union said it plans to open a new branch in Kingsport, Tenn. in April.
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