Vermont Business Magazine Vermont Federal Credit Union has announced the acquisition and impending opening of two new Credit Union branch locations.
The first branch is located at One Carmichael Street in Essex. The facility, which is located in the Essex Town Center, will provide members and residents of the surrounding community with easy access to a full suite of financial services including a multi-lane drive-thru and 24-hour ATM access. The branch is expected to open to the public early June 2021.
Vermont Federal Credit Union will also be introducing a new branch at 275 Kennedy Drive in South Burlington (the former Community Bank NA/Merchants Bank building).
This location will serve as a branch location for members of the local community and will also act as the Credit Union’s corporate campus.
Renovation of the Kennedy Drive branch and corporate offices will begin this year with a goal of moving in by year end.
“We are delighted to be expanding our branch footprint to provide more convenience and better service to our growing membership and the local communities that we call home,” said Jean Giard, CEO. “At Vermont Federal, we are passionate about improving the financial lives of our members, and we are proud to be increasing access to our financial products and services with these two new locations.”
Vermont Federal is a $750 million-plus financial institution, with six locations currently serving over 45,000 members. Members are part of a cooperative, meaning they share ownership in the Credit Union and elect a volunteer board of directors. Vermont Federal Credit Union provides membership to anyone who lives, works, worships or attends school in Addison,
Caledonia, Chittenden, Franklin, Grand Isle, Lamoille, Orange, Orleans, or Washington Counties in Vermont. Vermont Federal Credit Union is committed to providing support to the communities it serves and to make a decided difference in the lives of its members and other Vermonters. For more information about Vermont Federal Credit Union, visit www.vermontfederal.org.
Source: Burlington, VT – Vermont Federal Credit Union 3.24.2021