MARION, OH (MARION COUNTY NOW)—Pillar Credit Union is expanding its regional footprint into Richland County following a newly announced merger with Tappan Community Credit Union, officials confirmed.
The merger integrates the long-standing Tappan fixture into the Pillar network. Under the agreement, the existing Tappan physical branch location will remain open, transitioning to operate under the Pillar Credit Union brand.
According to Pillar representatives, the consolidation will grant existing Tappan members access to an expanded suite of financial products, enhanced services, and larger credit union support systems, while Pillar members gain a new physical branch in the Richland County area.
In tandem with the expansion, the member-owned institution launched a local auto loan refinancing incentive offering qualifying borrowers either a interest rate reduction or 1% cash back up to $500. The credit union also reported that its newly implemented automated loyalty rewards program has increased member dividend payouts by $5,000 per month.