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SEFCU donating more than $200,000 worth of gifts to people in need

This year, SEFCU is marking the 30th year of its Holiday Sharing Program by raising more than $200,000 to purchase necessities like socks and underwear, along with special gifts like bikes, markers, and science kits for people and children in need. ....

Michael Castellana , Holiday Sharing Program ,

SEFCU, CAP COM announce plans to merge

SEFCU, CAP COM announce plans to merge | The Daily Gazette
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July 29, 2021
This September 2020 photo shows a SEFCU credit union on Clinton Avenue in the Arbor Hill neighborhood of Albany. (Photo provided by Tyler A. McNeil/WikiMedia Commons)
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ALBANY Two large Capital Region credit unions have decided to merge.
SEFCU and CAP COM announced their plan Thursday, about six months after beginning discussions. Following due diligence by the two partners, if state and federal regulatory approval is granted and members vote in favor, the merger would likely be completed in 2022.
The organizations said no layoffs will result from the merger. They also said the location of the more than 60 branches operated by the two credit unions would be reviewed, suggesting that some existing branches could be closed or relocated and some new branches could be added. ....

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SEFCU, CAP COM planning merger to create new Capital Region credit union

SEFCU, CAP COM planning merger to create new Capital Region credit union
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SEFCU, CAP COM Merging To Create $8 Billion Credit Union

SEFCU, CAP COM Merging To Create $8 Billion Credit Union
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Large credit unions join forces as competitive pressures mount

Large credit unions join forces as competitive pressures mount
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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