Member Notification of Branch Closure and Potential Spin-Off

Dear Member,

SC Telco Federal Credit Union has had the great privilege of serving you and the Florence community since 1972. We are extremely proud of the service that we have provided you over the years. Management is constantly reviewing its financial data to ensure the credit union operates beneficially for all our members under the cooperative financial services model. After a thorough and lengthy review of branch data, we have concluded that the Florence branch is not cost-effective for all SC Telco members.

On behalf of the Board of Directors, management and the Florence Branch staff, we sincerely hope you will vote in favor of the spin-off to South Carolina Federal Credit Union. For your convenience, more information about the upcoming vote and South Carolina Federal may be found here.


Steve Harkins, President & CEO