CORE Credit Union was founded, in 1974, as Bulloch County School Employees Credit Union by eight residents of Bulloch County. The charter members originally founded the Credit Union to serve educators in Bulloch County.
In 1980, the Credit Union expanded its field of membership to include the employees of Georgia Southern College, Effingham County Board of Education, and Candler County Board of Education. In 1981 and 1982, the field of membership continued to grow with the additions of the Bryan County Board of Education and Emanuel County Board of Education. With the continued growth outside of the Bulloch County area the Credit Union felt it was necessary to change its name to represent the areas served. In 1984, the Credit Union officially changed its name to Central Ogeechee River Educators Credit Union to reflect the areas being served.
In the following years, the Credit Union expanded its membership beyond just educators. The field of membership now included Select Employee Groups (SEGs) or employees of local industries who had chosen to partner with the Credit Union for financial services. By 1996, it was decided Central Ogeechee River Educators Credit Union again was no longer an accurate representation of the field of membership. In order to represent future membership growth, the acronym CORE was used to replace Central Ogeechee River Educators.
With membership reaching over 10, 000 in 2017, the Credit Union began looking to expand into new markets. In 2018, CORE found a partner in Savannah Federal Credit Union. The merger between the two credit unions provided a new market presence, in Savannah, for CORE as well as a full line of financial services to Savannah Federal members. With the completion of the merger in early 2019, CORE Credit Union is positioned to continue its tradition of offering superior products and services to our members.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154