Branch network

AUBURN, Ala. – Auburn University FCU announced yesterday the opening of its new offices, which include a full service branch, located a quarter-mile from campus.

RENO, Nev. – Silver State Schools CU gave away $30,000 cash to students and teachers at University of Nevada over two months as part of the grand opening of its new on-campus branch.

ELIZABETHTOWN, N.Y. – Ticonderoga FCU provided a $300 donation to the local food bank, as well as a drawing for a $1,200 "Economic Stimulus Package," double the amount provided by the federal government last summer, as part of the opening of its new branch here this week.

GLENDALE, Ariz. – Credit Union West has acquired a local office building, known as The Technology Center, from a private trust for $3.6 million, or about $100 per square foot.

LYNN, Mass. – Lynn Teachers CU has obtained approval to move out of its tiny offices in the local junior/senior high school into new offices in the vocational and technical annex.

BURLINGTON, N.C. – Proponent FCU broke ground yesterday on a new 16,000 square-foot project that will serve as a North Carolina hub and a full-time branch for the New Jersey-based credit union.

SALISBURY, N.C. – Lion’s Share CU, the credit union for Food Lion supermarkets, opened a new home adjacent to its corporate sponsor’s offices.

MEMPHIS – LG&W FCU said it plans to build a 7,800-square-foot, single-story building here to serve as its new home.

SHREVEPORT, La. – Professional Fire Fighters CU said it has acquired a new building where it will move its headquarters.

LANCASTER, Penn. – Lancaster Red Rose CU opened a new branch last week to serve the city’s growing Hispanic population in the Puerto Rican Cultural Center.

HONOLULU – Hawaii State FCU said last week it plans to open two new service facilities by the end of the year, including its first Neighbor Island branch.

MILLVILLE, N.J. – Thunderbolt Area FCU said last week they have agreed to acquire TD Banknorth’s branch located at the main entrance to Millville Airport.

VANCOUVER, Wash. – iQ CU has acquired a former bank building in the downtown which it is renovating into a new headquarters.

COLUMBUS, Ohio-BMI FCU here has opened a new headquarters that seeks to take the intangible concept of member service and turn it into something visible.

ATLANTA-As upheaval in the financial markets is causing ever-greater consolidation among even the largest of banks, there are increasing opportunities for credit unions snap up former bank locations-but is that the right way to go?

ATLANTA-With former bank branches increasingly available for purchase, there are opportunities for smart buyers, according to Will Klein, senior consultant, and Rebecca Butler, consultant, with KDA.

ST. LOUIS-Beware the "albatross" when purchasing a branch from another institution, cautions Kevin Blair, CEO of NewGround here.

MILWAUKEE-The ongoing financial crisis is good news for credit unions, says Ralph La Macchia, president of La Macchia Group.

TALLAHASSEE, Fla. – Credit Union 24, the largest credit union-owned ATM and point-of-sale (POS) network in the U.S., said the number of surcharge-free ATMs available to members of member credit unions has passed 50,000 for the first time.

FRANKENMUTH, Mich. – Frankenmuth CU said it has agreed to build two new branches in Meijer stores.