On September 1, 2023, Savastate Teachers FCU became part of MembersFirst Credit Union!
The members of Savastate Teachers Federal Credit Union voted to approve the merger with MembersFirst Credit Union on August 21, 2023. On September 1, 2023, Savastate Teachers FCU officially became a division of MembersFirst.
Your Credit Union Manager, Chinikqua Beard, will remain with the credit union and serve you as she has in the past. We’re pleased to welcome Dr. Janice Alexander to the Board of Directors of MembersFirst.
You are now officially part of the MembersFirst Credit Union Family. The branch in the Colston Building is now open to serve you on Mondays and Fridays from 9 am to 4 pm and on Wednesdays from 10 am to 4 pm.
If you didn’t receive the letters we sent in the mail regarding your updated account information, please visit the “Recent Mailings” below.
Check out the Frequently Asked Questions section below.
We look forward to growing with you and helping you achieve your financial goals.
Thank you for the confidence you continue to place in your Board of Directors and the management of the credit union.
We know this change might bring about many questions. Our goal is to provide you with all of the answers you need to make the transition to MembersFirst as seamless as possible. We will post all important information regarding the merger here, so please check back often. Click the arrows to access important links and recently shared communication.
Use these frequently asked questions to find answers to common questions.
If you cannot find the answer to your questions, we’ll be happy to take your call at 912 508-0248 or stop by a branch for assistance.
Will the current Savastate branch at SSU remain open?
Yes! The branch on the campus at Savannah State University will remain open on Mondays, Wednesday and Fridays. Effective Monday, November 6th, the new extended branch hours will be:
Monday and Friday – 9:00am – 4:00pm
Wednesday – 10:00am – 4:00pm
All branches of the credit union open at 10:00am on Wednesdays to accommodate staff training and development.
Why is Savastate merging with MembersFirst?
To remain competitive in the rapidly changing economy, Savastate Teachers FCU needed to find a strong credit union partner like MembersFirst to place them in a better position to continue to offer and improve upon the valuable products and services you need and deserve.
Given the rich legacy of Savastate Teachers Federal Credit Union and its affiliation with Savannah State University, the Board of Directors at Savastate Teachers FCU sought a partner that shared similar values and commitment to their members.
What does this change mean for me?
As of September 1, 2023, there are no changes to your account or how we serve you.
On November 2nd, your Savastate Teachers Federal Credit Union Savings Account number will change to a 9-digit account number. Your new Savings Account number will be your current Savings Account number preceded by ‘3333’ and the number of zeros needed to create a 9-digit account number. For example, if your Savings Account number is 24, your new 9-digit Savings Account number will be 333300024, or, if your account number is 1234 your new account number will be 333301234.
We will update this section with new information once the conversion is complete.
Will my accounts continue to be insured?
Yes. Your accounts will continue to be federally insured just as they are today through the National Credit Union Share Insurance Fund, which is backed by the full faith and credit of the U.S. Government and managed by the National Credit Union Administration (NCUA).
Can I use MembersFirst Credit Union branches now?
Not yet. Continue to use the Savastate Teachers FCU branch. On Thursday, November 2nd, all members will have access to additional locations as well as new products and services available through MembersFirst Credit Union. The Savastate branch at the University will re-open on Friday, November 3rd.
Will this affect my direct deposit(s) or payroll deduction?
No changes need to be made to your direct deposit or payroll deduction at this time. Your payroll and direct deposits will continue as they have in the past.
Will the routing number change?
Savastate Teachers FCU will retain its current routing number for the time being. After the system conversion, you will use your MembersFirst account number and routing number for automatic debits or credits.
When can I take advantage of the MembersFirst Credit Union Products and Services?
On Thursday, November 2nd, all members will have access to additional locations as well as new products and services available through MembersFirst Credit Union. For a complete list of products and services and the rates available, click here.
Will the current branch at Savannah State University remain open?
Yes. The branch on the campus at Savannah State University will be open on Mondays, Wednesdays and Fridays.
Effective Monday, November 6th, the new extended branch hours will be:
Monday and Friday: 9 am to 4 pm
Wednesday: 10 am to 4 pm
All branches of the credit union open at 10 a.m. on Wednesdays to accommodate staff training and development.
See www.membersfirstga.com for more details.
Will the rates on my loans change?
The rates on your existing loans will remain the same until they are paid off. A complete list of new loan rates is
available on the website – membersfirstga.com/rates.
Will the dividend rates on my savings account change?
Dividends paid on savings balances will be paid at the current rate at MembersFirst. For all Savings options including Certificates of Deposit and tiered-rate Money Market Accounts, please visit the website at membersfirstga.com.
Will there be new fees?
The Fee Schedule was provided in the newsletter you received with the welcome letter dated October 2, 2023. The
complete fee schedule is also available online at membersfirstga.com.
Will my account number change?
On November 2nd, your Savastate Teachers Federal Credit Union Savings Account number will change to a 9-digit account number. Your new Savings Account number will be your current Savings Account number preceded by ‘3333’ and the number of zeros needed to create a 9-digit account number.
View the most recent mailing for help with formatting your new member/savings account number.
Who is MembersFirst Credit Union?
Established in 1953, and named by and for its members, MembersFirst Credit Union has a tradition of serving those who serve others. We proudly partner with some of the best healthcare facilities in the state of Georgia as well as outstanding school systems in the counties we serve, including the Savannah-Chatham County Public School System and St. Joseph’s/Candler Hospital.
MembersFirst Credit Union has branches in Pooler and Savannah, nine branches in Metro- Atlanta and three student-operated branches at high schools we partner with including Woodville Tompkins High School in Savannah. Along with the employees of St. Joseph’s/Candler Hospital and Savannah-Chatham County Public School System, MembersFirst serves Wellstar Health System, Piedmont Healthcare, Emory Health System and the Board of Education in Paulding and Douglas Counties. We proudly bring financial services and a path to financial wellness to 29,000 members with assets over $386 million.
While these numbers are important, they do not tell the story of who we are and how we serve our members. We hope you will come to see our commitment to putting the concerns and welfare of our members first and experience service that exceeds your expectations. Please visit the MembersFirst Credit Union website at membersfirstga.com to review our products and services including:
- Certificates of Deposit
- Money Market Accounts
- Checking Accounts with Free Visa® Debit Cards
- Auto and Personal Loans
- Credit Card Services
- Online and Mobile Banking
- Free Financial Counseling
- Wealth Management Services
…and much more.
MembersFirst Credit Union
Savannah State University
Colston Administration Building, Room 133
3219 College Street, Savannah GA 31404
1501 Pooler Parkway, Pooler, GA 31322
606 E. 67th Street, Savannah, GA 31405
Call Center: 912-352-2902
There are so many great benefits at MembersFirst! Take a look around our website!
MembersFirst Credit Union is your financial friend and neighbor located in Pooler, Savannah and Metro Atlanta, serving since 1953. We’re full-service, so you can finally bank in one place. Since we’re owned by our members, we return profits to our members by offering better rates on savings and loans and fewer and lower fees. It’s important to us because it’s import to you!