Neighborhood Credit Union

Neighborhood Credit Union Acquires Small Church-Based Credit Union

Neighborhood CU Offers More Convenience and Access for Good Street and Mount Sinai Baptist Church Members

DALLAS, Texas—Dallas-based Neighborhood Credit Union has acquired Good Street Baptist Church Federal Credit Union, also located in Dallas. The merger was effective December 1, 2017 and was approved by the National Credit Union Administration (NCUA) and the Texas Credit Union Department.

Neighborhood Credit Union has 12 locations in the Dallas-Fort Worth area with three branches in close proximity of the church. The Good Street Baptist Church FCU office will close permanently as of December 31, 2017.

“We have successfully transferred all of the 600 membership accounts of the Good Street Baptist Church FCU to Neighborhood Credit Union,” said Carolyn Jordan, senior vice president of Neighborhood Credit Union. “We are eager to serve our new members.”

Chet Kimmell, president and CEO of Neighborhood Credit Union said the partnership will allow Neighborhood CU to further its commitment to help people achieve their financial goals in the neighborhoods it serves.

Good Street Baptist Church Federal Credit Union was chartered on December 3, 1957 after C.R. Robinson felt the need to bring the benefits of a credit union to his congregation and those who were not employed to enjoy the benefits of a fair and equitable credit service. Members of Mount Sinai Baptist Church were later added to the field of membership.

In addition to expanded branch locations, former members of Good Street Baptist Church FCU will now have access to robust online services, including the award-winning MyNCU Mobile app. New products like Prize Savings, Kasasa Checking accounts, a comprehensive line of loan products, and credit and debit cards are all now available as a result of the merger.

“We believe Neighborhood Credit Union and Good Street Baptist Church FCU are a good match,” Good Street Baptist Church FCU Board Chairperson Theodore Faulkner said in a letter to members. “We are located in similar parts of Dallas servicing similar members. Neighborhood Credit Union has a long history of serving members with unique lending situations.”

About Neighborhood Credit Union: The oldest credit union in Dallas (chartered April 18, 1930), Neighborhood Credit Union is a not-for-profit financial organization serving Dallas, Denton and Ellis counties, as well as the City of Arlington. With branches in Dallas, Richardson, Arlington, Mesquite, Duncanville, Waxahachie, Lancaster, Grand Prairie, Coppell, and Highland Village, and assets topping $600 million, Neighborhood Credit Union has a membership of approximately 50,000 and continues to welcome new members daily. For more information, call (214) 748-9393 or visit www.myncu.com

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