TOGETHER, WE ARE REV!

Merger Steps

Board ApprovalRegulatory ApprovalMember VoteMerger Completion
Pending

Dear Hamlet Member,

Earlier this year, the Hamlet Board of Directors sent a letter detailing a proposed partnership with REV Federal Credit Union. As part of this communication, members were provided with a ballot and asked to vote YES. I’m pleased to announce that the votes have been counted, and were overwhelmingly in favor of merging with REV.

On March 5, 2021, the Board of Directors held a Town Hall meeting at the Hamlet branch location alongside REV President & CEO, Jason Lee. During the meeting, additional details were shared regarding the transition of member data to REV Federal Credit Union. Beginning this week, the Hamlet membership will receive a letter from REV detailing next steps. The merger website will also transition into a resource center with additional information to assist members through the process. As we begin the transition, I encourage you to continue reaching out to Hamlet employees for account assistance until the partnership is finalized.

Paul Watford

Chairman of the Board
Hamlet Federal Credit Union

Benefits

REV is Digital First

With REV Digital Banking, you have 24/7 account access. Check Balances, Apply for Loans, Transfer Funds and Deposit Checks with the press of a button.

Same locations, same friendly employees

By growing our branch network to 13 full-service locations, we’re positioned to better serve members across the Carolinas.

Apply for loans online

REV’s online mortgage and auto loan applications make financing those big purchases easier than ever.

Call center advantage

Need a little extra attention? REV’s call center is available Monday – Friday to assist members.

FAQs

ALL FAQs

REV Team Members will begin placing outbound calls to welcome Hamlet members to the credit union. As part of this process, you will be asked to verify your contact details and provide a valid e-mail address.

Yes. Once member accounts transition to REV, new account numbers will be issued. Members will receive communications regarding their new account details. 

Yes. Hamlet Debit and Credit Cards will continue to work until current cardholders are issued a new REV branded replacement card.

Yes. REV branded Debit Cards will begin mailing to current Hamlet Cardholders in May. Additional communications outlining activation details will be sent to the membership in a separate communication.

Members wishing to apply for a loan with REV may do so now by visiting REVfcu.com.

Beginning on June 1, 2021, Hamlet Members will use REV Digital Banking as their new Online Banking platform. A communication will be sent to the membership detailing instructions on how to enroll as well as access the Mobile App.

Yes. Any previously established ACH payments, such as payroll, will continue to post as they normally do. It’s a best practice to update these accounts with your new REV details.

Once Hamlet accounts have been transitioned to REV, members will need to update automatic payment details with the new account and routing number. Until then, scheduled payments using Hamlet account details will continue to process as normal.

No. Transactions posted within Hamlet Online Banking will not appear in REV’s Digital Banking platforms.
Yes. As of June 1, 2021, members will begin using #253278362 as their new routing number.

No. You may continue to use your Hamlet checks as you normally would. Once depleted, you will be able to order new checks within REV’s Digital Banking platform.

No. Members should continue reaching out to the Hamlet branch locations for assistance until the merger is complete on June 1, 2021. Once finalized, members will have access to a full-service call center and 24/7 after-hours card support.

The transition of member data to REV will be complete on June 1, 2021. Once this process has been finalized, members will have access to the full suite of REV products and services. Until then, please continue to conduct your business as usual with your current Hamlet member information. 

At this time, no additional locations will be added within Richmond or Scotland counties.

Updated branch hours of operation will take effect on June 1, 2021. New hours will be:

Branch Hours:

Monday – Thursday: 9:00 a.m. – 5:00 p.m.

Friday: 9:00 a.m. – 5:00 p.m. (Drive-thru will be open until 5:30 p.m.)

Contact Center Hours:

Monday – Friday: 8:00 a.m. – 7:00 p.m.

24/7 after hours card support will become available once the merger is finalized.

Branch signage will start to transition in June 2021.

Yes, Hamlet accounts will remain insured up to $250,000 by the NCUA in full faith and credit of the United States Government. REV will also provide Excess Share Insurance (ESI) insuring funds up to an additional $250,000.

It depends. The rates on existing loans and certificates of deposit will stay the same. All other non-time deposit rates will change on June 1, 2021, with the data migration to REV’s rates.

Yes. As of June 1, 2021, Hamlet members will gain access to the REV shared Branch Network, providing account access at over 5,600 branch locations and 30,000 fee-free ATMs nationwide. Visit co-opfs.org to locate your nearest Shared Branch location.

Hamlet employees will transition into REV team members.

Requests for local sponsorships can be directed to the REV Marketing Team by e-mailing Marketing@REVfcu.com.

Yes. Connect with us on Instagram and Facebook @REVfederal to checkout the impact we’re making in the communities we serve.

Still have Q’s?