Powerco Credit Union
Financial ServicesGeorgia, United States11-50 Employees
Powerco Credit Union, based in Atlanta, Georgia, operated as a not-for-profit, full-service financial institution that offers conventional banking products alongside the personal service typical of credit unions. In March 2023, it voted to merge with APCO Employees Credit Union, and the merger became effective on April 1, 2023. The combined entity aims to help members improve their financial well-being rather than pursue profit-driven goals. As APCO Employees Credit Union, the organization serves more than 87,000 members through 28 branches across Alabama, Georgia, and Mississippi, supported by a digital banking platform and access via over 5,000 Credit Union Service Centers nationwide. Recent developments include recognition in 2024: the Louise Herring Award for Philosophy in Action and a ranking as the 14th most efficient credit union in the nation. The organization also operates the Share the Care Foundation, a charitable giving program established to support long-term philanthropic initiatives.