Security Service buys Beehive Credit Union

Filed under: Daily News | Tags:

Security Service Federal Credit Union has acquired Beehive Credit Union in Salt Lake City.

The acquisition includes nine offices, 18,000 members and $145 million in assets among the branches in Salt Lake City, Provo, Riverton, Sandy, South Jordan and St. George, Utah.

With headquarters in San Antonio, Security Service operates 55 locations in Colorado and Texas – including four in Colorado Springs – and has $5.9 billion in assets and more than 785,000 members.

SSFCU has been managing all operations of BCU since Oct. 29.

Security Service is the eighth largest credit union in the United States and is the largest in Texas.