Desco Federal Credit Union to open new branch in South Point

Got story updates? Submit your updates here. ›

Desco Federal Credit Union, based in Portsmouth, Ohio, announced it will open a new branch office in South Point, Ohio, in August. The credit union will occupy the former US Bank branch building at 702 4th Street (old U.S. 52) after the town had been without a financial institution branch for several months.

Why it matters

The opening of the new Desco Federal Credit Union branch in South Point will restore banking services to the community after a period without a local financial institution. This is an important development for residents and businesses in the area who rely on convenient access to banking and financial services.

The details

Desco Federal Credit Union, headquartered in Portsmouth, Ohio, said it will place its new branch office in the former US Bank branch building located at 702 4th Street (old U.S. 52) in South Point. The new Desco branch is scheduled to open in August, filling the void left after the previous bank branch closed several months ago.

• Desco Federal Credit Union announced the new South Point branch this week.
• The new Desco branch is scheduled to open in August 2026.

What’s next

Residents and businesses in South Point will be able to access Desco Federal Credit Union's banking services when the new branch opens in August 2026.