Branch network

VIENNA, Va. – Navy FCU is turning to environmentally friendly materials for its new branch in Lexington Park, Md.

HOUSTON – Smart Financial CU has opened its latest service center here insinde an office where an old branch was housed.

EL PASO, Texas – El Paso Employees FCU opened its eight El Paso branch Monday, with a Spanish style that fits the neighborhood.

WILTON, Conn. – Mutual Security CU is moving into a new home in nearby Shelton next month where it will be the only credit union or bank that headquartered in Shelton.

BURNSVILLE, Minn. – US FCU has acquired a 30,000-square-foot the Alpha Office Tech Center in Bloomington from CUNA Mutual Group.

AUBURN HILLS, Mich. – Genisys CU, the new credit union giant formed by the combination of USA CU and T&C FCU, is planning to add two branches this spring in Commerce Township and Shelby Township.

NEW ORLEANS – LA DOTD said it’s latest in-school credit union project, which will ne known as Hornet’s Nest CU, opened yesterday in Scotlandville Magnet High School.

APPLE VALLEY, Minn. – Wings Financial FCU, the $2 billion airline industry credit union, announced the opening of its 19th branch in the suburb of Edina will occur next month.

LAKELAND, Fla.-The construction of the state's first "net zero energy building" is more than just an environmental accomplishment - it's also the rallying point for a total re-branding effort on the part of one credit union.

CLEARWATER, Fla.-The desire to expand branch networks in the shadow of a recession may only accelerate the trend toward modular construction of CU branches.

RACINE, Wis.-When constructing a new branch in markets where winter is a factor, credit unions can save more than 10% on the project by opting for a prefabricated building shell.

RALEIGH, N.C.-Coastal FCU is rolling out its new Express Teller system at two of its branches in the Triangle region. The St. Albans Drive and Wakefield Commons locations will be able to use the new interface that gives tellers the ability to provide traditional services to multiple branches.

ST. LOUIS-Credit unions looking to take advantage of the relative weakness of the big banks by expanding their geographical footprint need to take a deep breath before making commitments, according to several experts.

SAFCU Opens Branch In Schertz

AUSTIN, Texas-A+ FCU is planning to site a new branch location that will serve Kyle and North Hays County. The new branch will be located in Kyle's Plum Creek Uptown District, which is part of a 2,200-acre mixed-use, master-planned community located 20 minutes south of Downtown Austin. Plans call for the 3,800 square-foot branch to open during or after 2010. In addition to its prime location in the Plum Creek development, the site is also near the Hays Consolidated Independent School District offices, Performing Arts Center and schools. The Plum Creek development is designed to integrate retail, mixed-use and office space into a walkable, pedestrian-friendly town center, which was part of the attraction for A+ FCU, the credit union said.

ST. LOUIS-Credit unions should avoid closing branches and find other ways to rein in their costs because they could end up paying for the negative message branch closures send members, say several industry experts.

CINCINATTI-Credit unions in multiple sections across the country are cutting expenses by shutting down branches and reducing positions, but these cuts may end up costing the credit union even more than they are worth, several experts warned.

RALEIGH, N.C.-Coastal FCU is on both ends of the budget spectrum for its branches as it plans to close down four underperforming branches in Q1 while installing new teller systems in its other branches.

TULLAHOMA, Tenn. – Ascend FCU, off a very successful year, is building a new 60,000-square-foot home, which is expected to completed early next year.

ALBANY, N.Y. – SEFCU celebrated another successful year with the addition of two more Buffalo-area branches over the past few weeks.