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ORNL Federal Credit Union has groundbreaking for new branch on Tuesday

Posted at 9:43 am June 5, 2015
By Oak Ridge Today Staff Leave a Comment

ORNL Federal Credit Union Branch Parcel

ORNL Federal Credit Union will have a groundbreaking ceremony on Tuesday for its new branch at 215 South Rutgers Avenue. The main branch and headquarters are pictured in the background.

 

ORNL Federal Credit Union will have a groundbreaking for its new branch on South Rutgers Avenue on Tuesday, June 9.

The groundbreaking is scheduled at 11:30 a.m. Tuesday at 215 South Rutgers Avenue, the vacant property next to the Credit Union’s headquarters and main branch.

The original branch on that property was demolished in fall 2014 as part of a larger Credit Union plan that includes the remodel and redesign of its headquarters and the development of a regional center at Northshore. The former Realty Executives building was also demolished.

Those in attendance on Tuesday will include local elected officials, ORNL FCU leadership, employees and members, and community supporters, among others.

ORNL FCU announced in September that it had started demolition of its location at 215 South Rutgers Avenue. That location was the Credit Union’s sole branch between 1969 and 1987, before housing the Operations and Imaging departments for the last 27 years.

The current main branch/headquarters building at 221 South Rutgers Avenue will be remodeled and redesigned to consolidate the Credit Union’s back office operations, officials said in September.

Earlier in 2014, ORNL Federal Credit Union announced its plans to develop a three-story, 24,000-square-foot regional center at Northshore, which will become the home office for CU Community LLC, a credit union service organization. The Northshore facility will include a new “branch of the future” for ORNL FCU members and a state-of-the-art work environment for employees, the release said.

More information will be added as it becomes available.

Filed Under: Business, Business, Oak Ridge, Slider Tagged With: CU Community LLC, groundbreaking, headquarters, main branch, ORNL FCU, ORNL Federal Credit Union, South Rutgers Avenue

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