Platinum Trust Bank Completes Third Merger of 2020

N. Charleston, S.C. – 11/2/2020
Platinum Trust Bank is proud to announce its completed merger with Charleston County Teachers Federal Credit Union. This is Platinum Trust Bank's third merger this year after merging with Health Facilities Federal Credit Union in March and Spartanburg City Employees Credit Union in August.

As a result of the merger, members will benefit from new and enhanced products and services, including debit and credit cards, online banking, mortgages and ATM access. The Charleston County Teachers Federal location on Carriage Lane is closed as members now have access to 24 Platinum Trust Bank financial centers across the state.

"We have served the Charleston area since 1936 and are proud that we have continued to grow alongside our community," said Scott Woods, president and CEO of Platinum Trust Bank. "We are thrilled to welcome our friends at Charleston County Teachers Federal Credit Union into the SC Federal family. We look forward to working together on everything from day-to-day transactions to more complex financial needs. We're here to help make their Life Simplified."

Members who have questions about the merger are encouraged to call 800-845-0432 between 7 a.m. and 7 p.m. Monday through Friday, and 8 a.m. to 1 p.m. on Saturday.