We are pleased to announce the acquisition of TSB Bank by Empeople Credit Union (“Empeople”) through Empeople’s purchase and assumption of the assets and liabilities of TSB Bank.
We expect to complete the acquisition on or about November 1, 2024, pending satisfaction or waiver of customary closing conditions. All TSB Bank customers will become members of Empeople upon completion of the acquisition.
TSB Bank’s three existing branches will remain open to continue serving you during normal business hours. In addition, TSB Bank’s ATMs will remain available, and you will continue to have access to property in your safe deposit box. The employees you know from TSB Bank will continue to serve you as employees of Empeople. Empeople expects to continue to offer substantially similar products and services offered by TSB Bank. Customers will be given prior notice of any changes in products and services.
All deposits at TSB Bank will be transferred to Empeople upon completion of the acquisition. After the closing date, all share and deposit accounts at Empeople will be insured by the NCUA and not by the FDIC. Your share and deposit accounts will continue to be federally insured up to $250,000 for each account category through the NCUA.
Please click the below FAQ for any questions you might have about your account access. You can also learn more about Empeople and our products and services at www.empeople.com.
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