You may have questions about our recent merger announcement with Founders Federal Credit Union. Our dedication to our members is stronger than ever, which is why we feel this is in the best interest of both our members and our staff. We have also compiled some Frequently Asked Questions and information on available products and services. Our staff is also always available to answer your questions and ease your concerns you may have

 

Merger FAQs

 

Will VITAL Federal Credit Union change its name as a result of the merger?

Yes. VITAL will become Founders Federal Credit Union on the merger date.


What is the merger date?

VITAL Federal Credit Union will close on 9/12/25. The VITAL office will re-open on 9/15/25 as Founders Federal Credit Union.

How will the merger affect the way I currently do my banking?

With additional branch locations in the local area, the merger will make it easier and more convenient for VITAL members. In addition to product and service enhancements, you will continue to enjoy the same service and philosophies you have come to expect from VITAL. A complete listing of products and services available at Founders Federal Credit Union can be found at foundersfcu.com.

 

Will I be able to conduct my banking online?

Yes, you will have even more options to manage your accounts and apply for loans with Founders Online and the Mobile App.

 

Will I still be able to conduct business at the VITAL Federal Credit Union office?

Yes, the VITAL Federal Credit Union office will remain open. In fact, members will have access to more locations. Founders Federal Credit Union operates 45 offices in North and South Carolina. Six of these locations are in Spartanburg county.

 

When will I be able to use the Founders offices?

Members of VITAL Federal Credit Union will be able to use any Founders location the first business day after the effective date of the merger. During the next few months, we will update the members of VITAL Federal Credit Union on the progress of the merger and keep you posted on important dates.

What ATMs will I be able to use?

Once the merger is complete, you will have access to all Founders ATMs including the network of 30,000 surcharge-free ATMs you have access to with VITAL.

What will happen to the current VITAL Federal Credit Union employees?

Current VITAL employees eligible for employment with Founders will be offered positions with Founders.

 

What is going to happen to my accounts after the merger?

Your account balances will automatically transfer on the merger date with little or no inconvenience to you.

 

What if I already have an account at Founders?

Your account at VITAL will become an account at Founders. The accounts will remain separate.

 

What happens next?

Before and after the merger, you will receive communication by mail and email regarding any changes pertaining to accounts, products or services affected by the transition.

 

A Message From Founders FCU

At Founders, we are excited about all the possibilities this potential partnership entails and look forward to serving you and your family.

For more than 70 years, Founders Federal Credit Union has been dedicated to helping members achieve financial success and security.

Our history is very much similar to yours at VITAL. We were originally established by Colonel Elliott White Springs as a means for Springs’ employees to borrow money at an affordable rate and maintain a systematic savings program. In September of 1950 the Springs Employees Federal Credit Union in Fort Mill, South Carolina was established and began operation with approximately 900 charter members.

And, like you, we expanded our field of membership and later changed our name to Founders Federal Credit Union to reflect a more diversified field of membership.

Today, Founders operates 44 offices in North and South Carolina and has more than 800 employees, proudly serves over 270,000 members and has over $4.7 billion in assets.

While this does make us one of the largest credit unions in the nation, our philosophy remains simple - Founders puts every member first to help them achieve their financial goals and best provide for their families. Founders offers a wide range of affordable and quality services and forges a unique bond with its members to build lifetime partnerships based on trust.

Today’s financial services market is more competitive than ever. We’re on the forefront of that technology giving our members state-of-the-art products such as Founders Online, the Founders App and an expanding selection of financial tools and services, complimented by personalized service.

We look forward to welcoming the members and employees of VITAL Federal Credit Union to our family at Founders. You can

Relax ... knowing we are committed to providing you with the personalized service you currently receive, along with access to more products and services.

 

Additional Products and Services Offered By Founders FCU

  • 44 Branch locations, including 7 Spartanburg County branches

  • Over 30,000 surcharge-free ATMs

  • ATMs with cash deposit feature

  • Founders Pay

  • IRAs

  • Mortgages

  • Insurance Services

  • Wealth Management

  • Plus many more!