NCUA merger report, Q1 2025
Vital merger into Founders Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q1 2025 lists Vital, of Spartanburg, SC, as merging into Founders Federal Credit Union, of Lancaster, SC. NCUA records the reason as "expanded services". Vital last filed a call report for Q2 2025, with $56.2M in assets and 5,918 members.
Members of Vital become members of Founders Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | VitalQ2 2025 | Founders Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $56.2M | $5.2B |
| Members | 5,918 | 294,048 |
| Net worth ratio | 16.94% | 13.62% |
| Offices | – | 47 |
| Paid on deposits | – | 2.22% |
| New auto loan rate | – | 5.74% |
| Fee income per member | – | $120 |
Figures for Vital are from its call report for Q2 2025; this page carries only its size and capital. Assets for the report quarter: $58.0M merging, $4.8B continuing.
On our member-value score, built only from call-report data, Founders Federal Credit Union scores 55.6 out of 100.
Founders Federal Credit Union offices near Spartanburg
From NCUA's branch file for Q2 2026, in Spartanburg first and then elsewhere in SC. Every Founders Federal Credit Union location
Cheraw, SC 1
- Cheraw 2599 Highway 9, Cheraw, SC 29520 Drive-through · ATM
Chester, SC 1
- Chester 1769 J A Cochran Byp, Chester, SC 29706 Drive-through · ATM
Chesterfield, SC 1
- Chesterfield 1234 West Blvd, Chesterfield, SC 29709 Drive-through · ATM
Lancaster, SC 1
- North Main 607 N Main St, Lancaster, SC 29720 Drive-through · ATM
Rock Hill, SC 1
- Anderson Road 778 Anderson Rd N, Rock Hill, SC 29730 Drive-through · ATM
Spartanburg, SC 3
- John B White Blvd 1650 John B White Sr Blvd, Spartanburg, SC 29301 Drive-through · ATM
- North Grove 1307 Boiling Springs Rd, Spartanburg, SC 29303 Drive-through · ATM
- Spartanburg East Main 1461 E Main St, Spartanburg, SC 29307 Drive-through · ATM
Source: NCUA Merger Activity and Insurance Report, Q1 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · Founders Federal Credit Union full figures
Questions people ask
Did Vital merge?
Yes. NCUA's Merger Activity and Insurance Report for Q1 2025 lists Vital, of Spartanburg, SC, as merging into Founders Federal Credit Union, of Lancaster, SC. Its last call report was for Q2 2025.
Why did Vital merge?
NCUA records the reason as "expanded services". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.
What happens to my Vital account?
Members and their accounts move to Founders Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice Founders Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. Founders Federal Credit Union is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at Founders Federal Credit Union before the merger, your balances are now at one credit union.