SC peers Spero Financial FCU, Anderson FCU close merger

Greenville, S.C.-based Spero Financial FCU closed its previously announced merger with Anderson FCU.

With the deal's closing, Spero Financial is comprised of more than 59,000 members, $525 million in assets and 10 banking locations in South Carolina.

Spero Financial will remain headquartered in Greenville and Brian McKay will continue as president and CEO of the combined entity. Robert Wilson, former president of Anderson FCU, will serve in a senior position, responsible for all the lending activities of the credit union.