GHS Federal Credit Union Expanded to Serve More in Chenango County

Our mission at GHS Federal Credit Union is to provide great products and services to our members while growing and becoming more accessible to those in need of a community-based financial institution.

The financial service industry has become very complex, and with increasing compliance and regulatory requirements, it has become harder for smaller credit unions to meet technology, regulatory, and state requirements. GHS Federal Credit Union had the opportunity to help another community-based credit union, Norwich Telops Federal Credit Union, and its members through a credit union merger.

Norwich Telops FCU is a federally chartered credit union based in Norwich, New York, serving members who are employed or related to someone employed with Frontier and Verizon. Due to the compliance and regulatory burdens that Norwich Telops FCU faces, its Board and management team believe that it was in the best interest of their members to merge into a larger credit union. Their goal in choosing GHS Federal Credit Union is to provide the same high service standard that their members currently receive while benefiting from a great menu of financial products and services. Approval from a Norwich Telops FCU member vote finalized the agreement to merge Norwich Telops Federal Credit Union into GHS FCU on December 31, 2022.