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The first full-time staff member was employed in 1960. In 1975, the name was shortened to S.C. State Employees' Credit Union and the following year, the credit union moved into its own facility at 800 Huger Street. [4] Over the years, the credit union expanded into new markets and currently operates 20 branches in 12 South Carolina cities. [5]
By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. [7] By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members. This made State Employees' the second largest credit union in the United States in terms of assets and membership.
In recognition of the changed environment and the credit union's broad membership, CNS changed its name on August 9, 1994, to South Carolina Federal Credit Union. During the 1990s, South Carolina Federal expanded beyond the Charleston area for the first time, into Georgetown and Columbia, S.C. In 2003, South Carolina Federal changed its status ...
It was founded as Lane Federal Credit Union, called U-Lane-O Credit Union from 1981 to 2003, then Oregon Community Credit Union up until 2016. OCCU received approval to convert to a community charger and change its name to Oregon Community Credit Union from U-Lane-O, allowing anyone living or working within a 10-county area to become a member.
This is a partial list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
According to a 2020 report from the University of South Carolina, a 12-6 upset victory over the Tigers that year was the catalyst that directly led to the nickname: It broke a four-game skid in ...