SFB Officially Becomes Oconee Federal

oconee federalA local bank starts its week with a new name.

Over the weekend, Stephens Federal Bank officially changed its name to Oconee Federal Savings and Loan and the system integration between the two banks took place over the weekend.

This completes the merger of the two banks that was announced last year and finalized in early December.

Last February, Oconee Federal Financial Corporation announced it had reached an agreement to acquire Stephens Federal Bank.

Oconee Federal Financial Corporation is the holding company for Oconee Federal Savings and Loan Association.

Oconee Federal Savings and Loan operates from its administrative offices in Seneca, South Carolina with four other branches in Oconee County, South Carolina.