Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Red Thumbtack Over South Carolina State USA Map. 3D rendering Source: Adobe Stock

A Charleston, S.C., credit union announced Thursday it will expand into North Carolina by acquiring two small credit unions.

REV Federal Credit Union ($741.1 million in assets, 51,714 members) said it has received the NCUA’s approval for the mergers involving Riegelwood Federal Credit Union of Riegelwood, N.C., ($101.6 million in assets, 12,333 members) and Hamlet Federal Credit Union of Hamlet, N.C. ($18.2 million in assets, 2,510 members).

Jim DuPlessis

A journalist for decades.

More from this author

Dig Deeper


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.