Two Legacies. One Stronger Community.

First Southern primary account owners, including business and commercial account owners, can now become CFCU members and CFCU will fund your membership share account. First Southern customers should call or visit their local branch to submit a CFCU Membership Opt-In Form before December 31, 2026 to ensure a seamless account transition and avoid delays when the systems merge in early summer 2027. Primary account owners can also opt in online at www.MyCommunityFirst.org or mail in the enclosed Opt-In Form.

• In early summer 2027, CFCU will transition all the First Southern accounts associated with the primary account owner’s name to comparable CFCU membership accounts. If you have opted in, you will be given a credit union membership account at no cost. For business and commercial account owners, only individuals authorized to make decisions on behalf of the business or commercial account should complete the Opt-In form.
• A membership share account works like a savings account and is required to become a credit union member. To keep your membership active, a minimum balance of $5 must be maintained.

You can continue to bank normally at all First Southern locations under your First Southern account agreement. All First Southern locations will remain open to continue serving you during normal business hours. Your online logins, account numbers, checks, debit cards, bill pay, ACH, and direct deposits will all remain the same at this time. All bank ATMs will remain available, and you will continue to have access to the contents of your safe deposit box.

All direct deposits (social security, payroll, etc.), automatic withdrawals or transfers, and any transactions will continue to process and post to your account. If any change is necessary in the future, you will receive notification at least 30 days in advance of any change.

Your existing debit cards and checks will continue to function normally. If, in the future, these items are replaced with CFCU branded items, you will be notified in advance.

First Southern customers can not conduct transactions at CFCU branches until the account systems merge in early summer 2027. First Southern debit cards can be used at CFCU ATMs surcharge-free beginning October 3, 2026. In addition, starting October 3, 2026 First Southern debit cardholders can use the nationwide surcharge-free network. You can find a surcharge-free ATM here. You can still use any of the First Southern branch locations listed here, and First Southern ATMs and surcharge-free network.

Yes. The CFCU fee schedule was mailed to customers on September 2, 2026. You can find the CFCU fee schedule here.

If you are a current First Southern customer, you can open a new account at First Southern locations. The tellers at your local branch can help you complete the process in minutes.

Yes. Your accounts will remain federally insured at the same levels. Since we are a credit union and not a bank, your money which used to be insured by the FDIC will now be insured by the NCUA. Each account will be insured by the NCUA up to $250,000 per member, per account type.

Your services will continue without interruption.

Your services will continue without interruption.

Your existing loans and mortgages will retain the same terms. The physical address for mailed payments will remain the same until the system conversion. Community First will provide notification 30 days in advance of where to mail payments after the system conversion.

Sam Inman, Community First’s president and CEO, will lead the combined institution. Daniel S. Hager, his executive team, and all FSB teammates will continue to be with the credit union.

Credit unions operate under a cooperative model, emphasizing a member-owned structure that places the well-being of their community and members at the forefront. Credit unions operate on a not-for-profit basis, focusing on the wellbeing of their members. See a comparison here.