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Fayetteville Postal CU members approve merger into Piedmont Advantage CU

Members of the $7.6 million Fayetteville Postal Credit Union have approved a merger into the $358 million Piedmont Advantage Credit Union at a special meeting on November 20, 2019.

Board Chairman Dorothy Schrecker of Fayetteville Postal stated, “While a merger may seem like an end, it is actually a new and exciting beginning! Fayetteville Postal Credit Union has been proudly serving its member owners since 1928, making it one of the oldest credit unions in North Carolina.”

Dion Williams, President / CEO of Piedmont Advantage Credit Union, highlighted product and service enhancements such as mortgage loans, instant issue debit and credit cards, financial planning, and mobile deposits in his remarks. In addition, Mr. Williams emphasized PACU’s commitment to the individual credit union member-owner and the local communities it serves.

Piedmont Advantage Credit Union serves 39,761 members via 9 branches throughout the State of North Carolina. The Fayetteville Postal office will remain open and become PACU’s 10th branch location.

 

 

Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the airline industry, Piedmont Advantage Credit Union (PACU) now serves member-owners, who reside, work or worship in one of the eight communities it serves in North Carolina or who are employed by one of its many employer companies. These eight communities are in Forsyth, Guilford, Mecklenburg, Cumberland, Duplin, Iredell, New Hanover and Rockingham counties. A nonprofit cooperative financial institution, PACU has 10 branches throughout its service region and employs a workforce of over 100.

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