Branch network

ALEXANDRIA, Va. – Pentagon FCU has opened a new branch at Pentagon City, the office and shopping mall development across the street from the Pentagon.

MARLBOROUGH, Mass. – St. Mary’s CU was cleared Tuesday to build a new branch at the old Friendly’s Ice Cream location in Westborough.

MIDDLETOWN, N.Y. -- The vacant Ponderosa Steakhouse property soon will be home to a branch for Hudson Heritage FCU.

CHELSEA, Mass. – Fast-growing Metro CU opened a new branch in Boston City Hall Plaza it acquired in the recently completed acquisition of Massachusetts State Employees CU.

CHEYENNE, Wyo. – Warren FCU is renovating a former Bank of the West Branch in Fort Collins for its second Colorado location but first stand-alone branch.

NORWICH, Conn. – CorePlus FCU announced plans to open two new full-service branches inside area Wal-Mart Supercenter stores in 2013.

ivermark Community Credit Union says it has no intention of going branchless, but it has closed or is scheduled to shutter three branches in 2012 as it ramps up its electronic banking efforts.

CLEARWATER, Fla. – Achieva CU, formerly known as Pinellas County Teachers CU, is opening its first branch in nearby Hillsborough County.

TAMPA, Fla. – Suncoast Schools FCU, a credit union giant that teetered during the financial crisis, is putting its stamp on a financial rebound with plans to open a new branch this week, one of two for the coming months.

LOS ANGELES – USC CU has moved its University Park Campus office to the Campus Center Courtyard after 15 years in King’s Hall.

Its future is as debated as any topic within credit unions, and as one panel of CEOs and analysts here made clear, that debate over what is to become of branch networks is not near being resolved.

COLUMBIA, S.C. – Carolina Collegiate FCU yesterday opened a student-run branch on the University of South Carolina campus in the Russell House university union center.

BEAVERTON, Ore. – The $550-million Rivermark Community Credit Union said it plans to close branches in Clackamas and Newberg, Ore., and will focus on encouraging members to use mobile and online solutions for transactions.

MANSFIELD, Texas – Texas Trust Credit Union has purchased two office buildings with nearly 80,000 square feet of space that it designated to become its new corporate headquarters.

SAGINAW, Mich. – United Financial CU is breaking ground next week on a 15,000-foot expansion of its offices.

BELLEVUE, Neb. -- SAC FCU broke ground last week on a $20 million, four-story headquarters it is building in Papillion just east of Shadow Lake Towne Center.

PENSACOLA, Fla. -- Navy FCU closed yesterday on its $3.6 million purchase of 240 acres adjacent to its 65-acre call center, clearing the way to add 700 new jobs and invest $6.5 million into the huge operation over the next several years.

PITTSFIELD, Mass. – Greylock FCU, the biggest credit union in the Berkshires, has signed a long-term lease for 18,000 square feet in the ToyWorks building, former factory for KB Toys.

HOUSTON – Cardtronics, the key EFT switch for credit unions, said this morning it has acquired Minneapolis-based ATM Network Inc. and its contracts with 6,200 merchant-owned ATMs.

RICHMOND, Va. -- Governor Bob McDonnell announced this morning that Navy FCU has agreed to make a multi-million dollar investment to expand its member service operation in Frederick County, topping a competing bid from Florida where the credit union giant operates a huge call center.