Oconee Federal Savings and Loan
Scott Merriam currently serves as the Senior Vice President Loan Officer at Oconee Federal Savings and Loan. Prior to this role, Scott held the position of Vice President Commercial Lender at Community First Bank - SC, Vice President at Cornerstone National Bank, and Credit Specialist at TD Bank. Scott earned a Master of Business Administration (MBA) from Clemson University and a Bachelor of Arts (B.A.) in Business Administration and Management from Furman University.
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Oconee Federal Savings and Loan
Oconee Federal Savings and Loan Association is a federally chartered savings and loan association headquartered in Seneca, South Carolina. Oconee Federal Savings and Loan Association was originally chartered by the State of South Carolina in 1924 as Seneca Building and Loan Association. In 1958, it changed its name to “Oconee Savings and Loan Association” and in 1991 it converted to a federal charter under the name “Oconee Federal Savings and Loan Association.” Oconee Federal Financial Corp. is a federally-chartered corporation that was incorporated in January, 2011 to be the mid-tier stock holding company for Oconee Federal Savings and Loan Association in connection with the mutual-to-stock conversion of Oconee Federal Savings and Loan Association. Our principal business consists of attracting retail deposits from the general public in our market area and investing those deposits, together with funds generated from operations, in one‐ to four‐family residential mortgage loans and, to a much lesser extent, non‐residential mortgage, construction and land and other loans. We conduct our business from our main office, our executive office annex and seven branch locations in South Carolina and Georgia.