CPM Federal Credit Union Opens New Branches in North Charleston and Summerville

CHARLESTON, S.C. - April 7, 2016 - PRLog -- CPM Federal Credit Union, a nonprofit, full-service financial institution, will celebrate the opening of new locations in North Charleston at Park Circle on Friday, April 8, and Summerville at Nexton™ on Monday, April 11. Both grand opening events will begin at 11 a.m.

"Opening these new locations reflects an ongoing commitment to reach our members where they are and be there when they need us," said James Gergen, CPM's chief executive officer. "We serve over 55,000 members throughout South Carolina and our expanded branch network provides more in-person opportunities to build on the unique relationship we have with members-to shake their hands, ask about their families and take the time to understand their needs-which is what differentiates CPM from larger financial institutions."

The grand openings for each site include family-friendly activities from 3-5 p.m. that are free and open to the public, and include food trucks, face painting and ice cream. The new branches will offer special pricing on auto loans, personal loans, and deposit accounts. Visitors will spin to win free giveaways such as tumblers, beverage mugs and other prizes through the end of April, Gergen said.

In addition to the two new locations in Summerville and North Charleston, CPM has nine other South Carolina service sites in Beaufort, Greenville, Greer, Orangeburg, Port Royal, Spartanburg and Simpsonville.

CPM offers comprehensive consumer banking products and services including checking and savings accounts, retirement accounts, auto loans, mortgages and home equity loans,  and credit cards. CPM also makes available financial planning and investments, affordable insurance coverage for auto, home life, disability, critical illness, accidental death and dismemberment and other member needs.

About CPM Federal Credit Union

CPM Federal Credit Union (https://www.cpmfed.com/) is a member-owned, not-for-profit, full-service financial institution headquartered in North Charleston, SC. The credit union has $280 million in assets and operates 11 branch locations throughout South Carolina that serve more than 55,000 members. CPM was formed in 1955 to serve the employees of the former Charleston Paper Mill, and later expanded to serve other major employers including WestRock, the developer of Nexton. The Credit Union is federally insured by the NCUA.