Eastern Financial Adopts Space Coast's Express Service

Members of Eastern Financial Florida Credit Union will soon be able to open deposit accounts and apply for loans over the phone thanks to its merger partner Space Coast Credit Union.

Eastern Financial, a division of $3.2 billion Space Coast in Melbourne, Fla., rolled out Express Services in August. In addition to new account and loan applications, the service will soon allow consumers to apply for membership and credit cards via the phone. Over the next few months, Eastern Financial members will also be able open regular rate certificates of deposits and apply for a first mortgage. The credit union said the phone service will not allow the opening of individual retirement accounts or special rate CDs. Space Coast has been offering Express Services for more than 10 years to its members.