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Southeast FCU, Peach State FCU complete merger

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Southeast FCU, Peach State FCU complete merger

The merger of Cornelia, Ga.-based Southeast FCU with and into state peer Lawrenceville-based Peach State FCU took effect on Dec. 1, according to a news release posted on CUInsight.com.

In connection with the merger, former Southeast FCU President and CEO John Fair joined Peach State FCU as chief of staff.

As of Sept. 30, Peach State FCU had $359.9 million in assets, while Southeast FCU had $64.3 million in assets.