Peach State Federal Credit Union continues its expansion. Peach State recently acquired DOCO Credit Union in Toccoa.
Expansion plans
In a news release, Peach State says it moved forward with the acquisition after DOCO made a “strategic decision to leave the market.” The release also states that the acquisition fits in with Peach State’s “long term strategic plan to expand our services into the North Georgia area.”
“This transition from DOCO to Peach State is in keeping with the values that each organization believes in—a focus on meeting and exceeding the expectations of our members,” says Peach State President/CEO, Marshall Boutwell. “We are pleased to be able to bring a smart place to bank to the Toccoa market which provides another convenient location to our members.”
Sept. 30th deadline
The Toccoa branch will continue to serve DOCO members until September 30, 2018. After that, the branch will exclusively serve Peach State members.
The current staff at the Toccoa and former Curahee locations of DOCO will be available to assist in the transfer of accounts and will continue to work at the branch as Peach State employees.
Peach State is a $433 million credit union that serves more than 55,000 members in Georgia and South Carolina. Southeast Federal Credit Union in Cornelia merged with Peach State FCU in November 2017.
