Bethpage FCU Goes Shopping For NewBranches

May 15, 2006, 1:00 a.m. EDT 1 Min Read

BETHPAGE, N.Y. - (05/15/06) Bethpage FCU said its newestbranches will be located in the grocery aisles. The $2 billioncredit union announced last week it has signed to develop its firstsupermarket branches in King Cullen grocery stores in nearbyCommack and Levittown. The credit union estimates the supermarketbranches will need to bring in between $15 million and $20 millionin deposits to be profitable, roughly half the amount necessary forstand-alone branches, because of the smaller staffs required tooperate the in-store branches.

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