Peach State FCU reaches $1 billion in assets

Credit union becomes one of only eight in Georgia and seven in South Carolina to hit this milestone

LAWRENCEVILLE, Ga. – Peach State Federal Credit Union has reached a significant milestone, surpassing $1 billion in assets. This achievement marks the credit union as one of only eight in Georgia and seven in South Carolina to reach this asset level.

Founded in 1961 as Gwinnett Teachers Credit Union, Peach State FCU has grown from serving Gwinnett County school employees to offering financial services to over 77,000 members across Georgia and South Carolina. The credit union attributes its success to its commitment to its members, its board, and its staff.

“This incredible milestone would have never been possible without the loyalty of our members, the support of our Board, and the hard work and dedication of our staff,” said Marshall Boutwell, President/CEO of Peach State. “When people come together, great things can happen and on a much larger scale. We are excited for what the future holds for the organization, but more importantly, how many more lives will be positively impacted.”

Peach State FCU is committed to giving back to the communities it serves. In 2021, the credit union established the Peach State FCU C.A.R.E.S. Foundation, which supports local schools, non-profit organizations, and arts programs. The Foundation receives funding through the credit union’s C.A.R.E.S. Visa Debit Card program, which donates a nickel to the foundation for every purchase made.

Peach State has 29 branch locations across Georgia and South Carolina, including branches in Carnesville, Cornelia, Jefferson, Oconee, Winder, and Young Harris.