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Will safe deposit boxes be available?

Merger/Partnership

  • The current safe deposit boxes are not being renewed due to the planned demolishing of the MidState Building for new construction.  Installing new boxes will not be feasible in a temporary location.  We can’t guarantee that we will have safe deposit boxes in the new Life CU branch until we determine the office space.  However, Life members will definitely be able to open a safe deposit box at Fortera branch locations.

     

    Return to the Merger/Partnership page.

  • Yes!  Fortera has nine branches in Clarksville and Hopkinsville, as well as a nationwide Shared Branch Network, to expand your ability to access your money.  And, of course Life CU will still have a branch on the Saint Thomas Midtown Hospital Campus.

     

    Return to the Merger/Partnership page.

  • Several years ago, our longtime CEO, Pam Tenpenny shared with the Life CU Board of Directors her retirement plans, generously allowing much time to explore and discuss options.  Their first decision was whether it was in the best interest of the membership to hire a CEO or merge with another credit union.  Many factors were considered.  The most significant were the increased financial burdens placed on all credit unions, including Life, to comply with new regulations and to continuously improve technological infrastructure and services.   After much research, discussion and reflection, the board of directors determined that merging was the best route for us to continue to serve you, our members, not only well but even more fully.

     

    Return to the Merger/Partnership page.

     

  • Fortera Credit Union

    Fortera Credit Union’s purposeful mission is simple: to be a force for financial good in the lives of
    the members and communities they serve. Headquartered in Clarksville, TN, the local credit
    union presently serves over 70,000 members with eight branch locations throughout Clarksville
    and Hopkinsville, KY, and delivers worldwide remote banking capabilities. Their approachable,
    casual nature offers uniquely personal service and insight from people you can relate to and
    trust. They have a reputation for finding a way to help people achieve their goals in the face of
    financial obstacles.

    Fortera’s ability to deliver a broad range of products and services is backed by its size and
    financial performance. With over $713MM in assets, Fortera is rated as one of the strongest
    credit unions in the country and has achieved a level of financial strength that is almost doubled
    the “Well Capitalized” benchmark established by the National Credit Union Association (NCUA).
    Its ample resources and extensive capabilities will allow Life to expand our service and continue
    offering competitive, valued-added products to you.

    Return to the Merger/Partnership page.