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Founders CU Boosts Membership With Mergers, Advertising and Ace Staffing

LANCASTER, S.C. -- In times of stale member growth, $1.4 billion Founders Credit Union has shown an expertise in gaining members, reporting a 9.6% membership increase over last year.

By Lindsey Siegriest | Updated on June 10, 2008

LANCASTER, S.C. — In times of stale member growth, $1.4 billion Founders Credit Union has shown an expertise in gaining members, reporting a 9.6% membership increase over last year.

According to President/CEO Bruce Brumfield, Founders has been growing steadily since 1995, showing an 8% to 10% membership increase each year. Last year, Founders merged with two smaller credit unions, GT&R Employees North Carolina Federal Credit Union and Torrco Employees Federal Credit Union. Founders gained approximately 1,500 members in the first merger and about 3,500 members in the second.

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