Part of its expansion strategy, two branches will be opened during 2013, while the other one will be set up in 2014, all targeted for Columbia.

Further, the credit union has plans to open a home office in Columbia for its newly recruited employees, and continue the hiring process.

In order to ensure hassle free operation, the company has appointed Chase Clelland as the vp of operations in South Carolina, and John Paul is currently serving as the dealer relationship representative.

The credit union, which is also planning to open 15 branches throughout South Carolina, is also mulling to expand into Greenville and Charleston.

Besides the new branches, Grow Financial is also opening its first branch in Lakeland, Florida this March, with another branch is set to open in Wesley Chapel, Florida later this year.

Founded in 1955, and headquarters in Tampa, Florida Grow Financial has $1.8bn in assets and manages a branch network of 19 offices in the country.