Self-Help Credit Union Branches in SC Transition to Self-Help Federal Credit Union to Expand Services, Member Access

Posted Wednesday, September 3, 2025 7:52 am

August Spencer

(Logo Courtesy of Self-Help Credit Union)

Self-Help Credit Union (www.self-help.org) announced it will officially transfer its South Carolina membership to its sister institution, Self-Help Federal Credit Union (Self-Help Federal).

Officials said the change, approved by Self-Help members, allows the credit union to not only broaden its area of reach in the state, but also enhance member services and accomplish its long-term growth strategy.

As of Sept. 1, 2025, all Self-Help branches located in South Carolina were scheduled to become part of Self-Help Federal.

The boards of directors for both credit unions voted for the transfer unanimously. Credit Union members in South Carolina approved the transfer Aug. 26.

“Transitioning to a federal charter In South Carolina is an exciting step forward for our members and our community,” said Kerri Smith, regional president for Self-Help in South Carolina.

She added, “This change positions us to grow in South Carolina, expand access to our products and services, and ensure that we remain a strong, competitive financial partner for our members in the Palmetto State.”

The transfer, called a “spin off” in credit union terms, won’t affect existing member accounts, services, or insurance.

All deposits will continue to be federally insured by the National Credit Union Administration (NCUA) up to $250,000 per account.

Officials said members will see no interruption to their accounts, loans, or on-line services. New signage with the Self-Help Federal logo will be visible in September.

“This conversion reflects our commitment to growing with our members and providing them with fair, affordable, and innovative financial solutions,” added Veronica Casillas-Madrigal, president of Self-Help Federal Credit Union. “We look forward to welcoming new members and continuing to strengthen our impact in the communities we serve.”