Branch network

YUMA, Ariz. – AEA FCU, which reported a whopping $25.9 million loss for 2009, said it plans to shutter its downtown branch and close the main offices for business on Saturdays in an effort to reduce expenses.

LAKE JACKSON, Texas – Texas Dow Employees CU said it plans to open a new branch in nearby Pearland in May, the $1.5 billion credit union’s 21st service center.

MIAMI – A new branch of South Florida Educational FCU is among the first building projects that are part of the Franjo Triangle development designed to create an improved downtown area in the Village of Palmetto Bay.

WOODLAND, Calif. – Yolo FCU yesterday said it bought property in downtown Davis, Calif., where it plans to build a new full-service branch.

PORTSMOUTH, N.H. – Service CU said is opening another Wal-Mart branch, this one in Hudson, one of seven in-store Wal-Mart service centers.

CHAMBERSBURG, Penn. – Patriot FCU has opened a new, larger branch in nearby Hagerstown, representing the credit union’s growing expansion into northern Maryland.

RIVERSIDE, Calif. – In its latest concession to the region’s economy, Altura CU said it will close its Coachella branch and lay off the six employees there on March 24.

KALAMAZOO, Mich. – Consumers CU will open a branch in May in the South Kalamazoo Mall in the space formerly occupied by clothing retailer Lana’s Couture.

SOUTH BEND, Ind. – Teachers CU, the state’s largest credit union, has acquired land in Fishers where it plans to build a new branch.

HONOLULU – HawaiiUSA FCU last week said it will open a new branch, its 11th, in Pearl City, and move its call center with its 21 employees to Pearl City from downtown Honolulu.

HONOLULU – A local Hawaiian priest on Monday performed the blessing at the opening ceremonies of Aloha Pacific FCU’s newest branch, the credit union’s ninth.

JEFFERSON CITY, Mo. – The management and boards of 10 small credit unions that serve the Missouri Department of Transportation’s 10 districts will have to look for new facilities after a budget-cutting move by the state expelled them from their decades-old offices on state property.

SAN ANTONIO – Generations FCU is the latest credit union to partner with Goodwill Industries and opened a branch in a Goodwill store here.

AUSTIN, Texas – Amplify FCU, a former IBM employees credit union, said it hopes to build as many as 15 branches over the next three years.

BURLINGTON, N.C. – Proponent FCU, chartered to serve employees of Hoffman-LaRoche’s New Jersey headquarters, has opened a 16,000 square-foot branch and administrative offices to serve the pharmaceutical giant’s employees here.

APPLETON, Wis. – Community First CU has opened a branch at Jefferson Elementary School.

ANDERSON, Ind. – Independent FCU will unveil its new headquarters today with a grand opening ribbon-cutting ceremony and will offer donations to Madison County charities, prizes and giveaways for the public, live radio remote coverage and building tours.

DUBUQUE, Iowa – Dupaco Community CU yesterday said it has reached an agreement to purchase a branch from East Dubuque Savings Bank, a local institution.

MURRAY, Utah – Utah Power CU has hired local contractor Big-D Construction to build a new home office, a two-story, 18,000-square-foot building.

LAHAINA, Hawaii – Valley Isle Community FCU is celebrating its new home in the Lahaina Business Park with a traditional Hawaiian blessing ceremony and a live radio broadcast this Saturday.