Allegacy FCU Has Big Plans for 2022
The credit union is growing with new upgrades and facility changes slated for next year.
The Winston Salem, N.C.-based Allegacy Federal Credit Union announced a series of technological and operational updates happening in 2022 to assist in its broader growth strategy throughout the Tar Heel State.
According to a statement from the credit union last week, the plans include increasing the footprint of its financial centers and the relocation and remodeling of some facilities.
“As more North Carolina communities discover the distinctive benefits of a strong credit union, Allegacy remains committed to bringing new financial options to current and future members,” Allegacy President/CEO Cathy Pace said. “We look forward to expanding our footprint and continuing to enhance where we currently serve our members. We are dedicated to helping members make smart financial decisions and best tailor their options to their life plans and financial goals, focusing on their overall financial health and well-being.”
In Charlotte, N.C., Allegacy ($1.9 billion in assets, 166,382 members) said it is investing in new Interactive Teller Machines (ITMs) and biometric programs in its Charlotte Financial Center. The center will also expand products and services for members, including commercial loans, member banking services and financial advisory services beginning in mid-2022.
In the small town of Mocksville, N.C., about 20 miles southwest of Winston Salem, the credit union said it’s moving its financial center to a more central location. Construction for the new facility will begin soon and open by the Spring of 2022.
The credit union also announced a major upgrade and remodel to its financial center in Clemmons, N.C., a southwestern suburb of Winston Salem. According to the credit union, upgrades include the addition of ITMs and new digital and personalized services for its members.
“As we continue to bring innovative and exceptional products and services to our members, we demonstrate the unique value of a strong credit union and our role in supporting the communities where we live and work,” Pace said. “We look forward to engaging more community members and employees helping to address each community’s unique needs through philanthropy and volunteerism.”
In September, Allegacy unveiled upgrades to its suite of digital banking products and services, which included Alexa voice banking, smartwatch banking and Verifast palm vein authentication technology. The introduction of Verifast made Allegacy the first credit union in the Southeastern U.S. region to offer the advanced authentication service in branches and ITMs, according to the credit union.