Lawrenceville, Ga.   — Members of Pinnacle Credit Union voted in favor of merging with Peach State Federal Credit Union during a special meeting of members held on Aug. 15.

The financial merger has been approved by the National Credit Union Administration and is effective Sept. 1, 2024. Pinnacle and Peach State have a shared history of serving educators and possess common values, mission and culture, according to a news release.

Pinnacle Credit Union was founded in 1926 under the name Atlanta Teachers Credit Union and is currently the second oldest credit union in Georgia. In 2014, the credit union completed major technological enhancements that provided members with convenient digital banking options, and over the last two years added two locations to expand branch access for members.

“We are excited to welcome Pinnacle members and staff into the Peach State family and look forward to building meaningful relationships with our new communities,” Peach State president and CEO Marshall Boutwell said. “It is our goal to make this transition as smooth as possible for Pinnacle’s members, with minimal impact on their day-to-day banking activities.”

Peach State is a $934 million credit union that serves more than 70,000 members across Georgia and South Carolina. It operates as a not-for-profit financial cooperative with a mission is to provide quality financial services that meet the needs and exceed the expectations of its member-owners. The credit union’s passion for helping members and communities led it to create the Peach State FCU C.A.R.E.S. Foundation. To learn more, visit peachstatefcu.org/CARES.