Branch network

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.

EAST LANSING, Mich. – Michigan State University FCU celebrated the completion of its new 140,000 square-foot home offices last week.

ROCK HILL, S.C. – Family Trust FCU is holding a ”Sports Jersey Day” to promote the opening of its new Clover branch, the $220 million credit union’s seventh service center.

REIDSVILLE, N.C. – Reidsville High School yesterday opened the state's first student-run credit union, a branch of American Partners FCU.

SAN ANTONIO – San Antonio FCU has placed two ATMs at the Port of San Antonio to provide evacuees from Hurricane Ike access to funds.

EL PASO, Texas – GECU, formerly Government Employees CU, is completing construction of an 88,000-square-foot operations center that will consolidate the $1.4 billion credit union’s operations and executive staff.

LEWISBURG, Penn. – Town officials this week approved a plan by M-C FCU to redevelop part of the former La-Z-Boy furniture factory and showroom into a branch.

NORTH MEDFORD, Ore. – Rogue FCU yesterday broke ground on a new 14,000-square-foot service center that will house its mortgage and business loan officers, as well as investment and insurance representatives.

FAIRFAX, Va. – A story in yesterday’s Credit Union Journal Daily Briefing incorrectly stated the date for a grand opening for Apple FCU’s newest branch. It is Saturday, Sept. 6.

YORK, Penn. – First Capital FCU is building a “green” branch here that will include such environmental initiatives as reserved parking for fuel efficient vehicles, a rain water capture toilet system, and LED light fixtures.

FAIRFAX, Va. – Apple FCU, which serves the area’s education community, will open a new branch in nearby Vienna Thursday, the second of four new facilities planned for this year.

ANDERSON, Ind. – Independent FCU yesterday said it has signed with LEVEL5 design and build its new main office and combined retail branch.