Tyndall Federal Credit Union to close Chipley branch

Tyndall to close Chipley branch

CHIPLEY – Tyndall Federal Credit Union (TFCU) has announced that it will permanently close its Chipley branch on May 1, 2022.

“Our members have been increasingly utilizing our online banking and mobile deposit options,” said Seth Spiro, TFCU Chief Marketing Officer. “To meet these needs, we will continue to invest in our online banking, mobile app, and video banking. Additionally, we have done away with all account maintenance fees and will not charge any fees for using a non-Tyndall ATM throughout 2022.”

Sprio went on to stress that no staff members have been displaced as a result of the planned closing. “Chipley branch staff will be working in Marianna or in other roles,” he said. “The Tyndall ATM will remain in Chipley, and our video banking option and in-person banking at our Marianna branch are still available.”

TFCU recently gave about 50,000 of its qualifying members a pre-Christmas gift through $11 million in profit-sharing payouts. The funds were deposited directly into accounts on December 16. Individual amounts were calculated based on which online banking services and loans members used and ranged from $50 to $400.