Bragg Mutual Federal Credit Union expands to serve 26 N.C. counties

By Staff Report, posted Feb 11, 2022 on BizFayetteville.com

---

Local Bragg Mutual Federal Credit Union was recently approved to serve 301 census tracts by the National Credit Union Association. 

 

Bragg Mutual can now serve 26 counties in North Carolina and seven in South Carolina, extending the credit union’s reach to 1.8 million people.  

 

BMFCU has served both Cumberland and Harnett counties since 1952.

 

Bragg Mutual Federal Credit Union is one of North Carolina's fastest-growing credit unions that has offered extended services across the Carolinas. The company is a member-owned financial cooperative that provides financial services to nearly 9,400 members and currently has three offices in Fayetteville and one in Cameron.

 

In the last three years, the credit union has grown more than $95 million in total assets, with a 43.8 percent increase. 

 

"We are very excited to help hundreds of thousands of Carolinians with not just checking, savings and loans, but financial guidance and one-on-one coaching," said Bragg Mutual CEO Stephen J. Foley. "At Bragg Mutual, we have some of the highest-rated customer service in the industry and can offer people a broader range of financial tools and products."

 

Anyone who is a member of Bragg Mutual has more direct, surcharge-free access to their money than most traditional bank customers. In addition to serving everyday banking needs, Bragg Mutual also offers low loan rates and high yields on savings. 

---

Copyright © 2024 Enhanced Media Management Inc. dba Greater Fayetteville Business Journal
This story may be displayed, reformatted and printed for your personal, noncommercial use only and in accordance with our Terms of Service located at https://bizfayetteville.com/useragreement.