Skip to content

Service One Announces Merger



Service One announces plans to merge with Security Plus FCU (Russellville, KY) pending regulatory approval and member approval. The Boards of Directors from both credit unions have mutually agreed that this partnership is a great opportunity to create more value within the membership. Service One CEO, Rebecca S. Stone, shares: “The pending merger with Security

Plus Federal Credit Union is an opportunity to further invest in our communities to make a positive impact on the lives of all those we serve. Our plan is to bring expanded products and business hours, as well as, increased accessibility through our branch network, mobile and online banking services and nationwide ATM network,” Security Plus Board Chairman David Kinser, shares: “The Board of Directors at Security Plus Federal Credit Union in Russellville, KY is pleased with the pending merger with Service One Credit Union.

We look forward to the new and updated options that our members will have under this new direction.”

When completed by mid-2022, the Security Plus location in Russellville will become a branch of Service One. In the meantime, Service One has agreed to assist in the management of the Security Plus FCU location.

As the merger process moves forward, both credit unions will provide information to their respective memberships via their website (socu.com) and other applicable communication channels. For more information on Service One and its community involvement activities, visit www.socu.com or call (270) 796-8500.

More Stories

  • Latest Issue 3 23

    Read More
  • Editor's Letter

    March signifies a season of change for many. Sometimes in Kentucky we see an actual season change and sometimes we wait, and wait, and wait for the warm weather. But regardless, the anticipation of newness is there. I for one, am ready for a season of change. This year started out difficult for me with the loss of my father – he was an amazing man and cared so much for everyone around him and his community. Read More
  • Leah A. Morrison Named Partner at English, Lucas, Priest & Owsley, LLP

    Leah A. Morrison has been named partner at English, Lucas, Priest & Owsley, LLP effective January 1, 2023. 

    Leah is an attorney who assists individuals and families in all matters related to estate planning and probate, including drafting wills, trusts, powers of attorney and living will directives, and assisting clients through probate administration. She also offers legal services related to Medicaid planning, tax law, and assisting business owners with asset protection.

    Read More
  • AMA BG’s Magen Siegrist named Top 10 finalist for national Ric Sweeney Volunteer of the Year Award

    The American Marketing Association (AMA) recently announced the top 10 finalists for its Ric Sweeney Volunteer of the Year Award. Included in the finalists from all over the country is our local chapter’s VP of Marketing, Magen Siegrist. Farmers Bank and Trust’s Marketing & Communications Officer, Siegrist has sincere passion for her career and community.  Read More