New Mexico’s U.S. Eagle Opens Branch in Underserved Area
The Albuquerque CU names the branch for a former board member who advocated for "members of modest means."
U.S. Eagle Federal Credit Union of Albuquerque, N.M., on Thursday opened a new branch to serve the city’s underserved South Valley and Mesa Del Sol communities.
The Herrera Isleta Branch was named to honor Kenneth E. Herrera, who served on the credit union’s board from 1981 to 2021.
A news release from U.S. Eagle ($1.5 billion in assets, 93,284 members) said Herrera “championed the needs of the underserved and members of modest means. One of his passions was to ensure that U.S. Eagle provide the South Valley neighborhood with the financial products and services they need and deserve.”
“For 40 years, he made a difference at U.S. Eagle by playing an integral part in our growth and driving our ‘people mean more’ philosophy by helping to improve the quality of life in the communities we serve,” President/CEO Marsha Majors said.
The Herrera Isleta Branch has the credit union’s first completely bilingual staff, and is the second branch with Interactive Teller Machines (ITM).
NCUA data showed U.S. Eagle had 10 branches and other locations on Dec. 31, unchanged from a year earlier.
Other credit unions with branch and headquarters actions included:
- Ascend Federal Credit Union of Tullahoma, Tenn. ($4.3 billion in assets, 236,616 members), which announced April 2 it had opened its newest location in Savannah Ridge area of Murfreesboro, Tenn., 36 miles southeast of Nashville. It is the credit union’s fifth branch in Murfreesboro, where the credit union has had a presence since opening its first branch there in 1988. It is its seventh location in Rutherford County and its 28th overall. “The opportunity to continue our deep-rooted service to members in Rutherford County is a significant reason why we chose to open this Savannah Ridge branch,” President/CEO Matt Jernigan said. “Adding a fifth location in Murfreesboro again shows Ascend’s commitment to growing our already considerable presence there.”
- Connex Credit Union of North Haven, Conn. ($1 billion in assets, 70,140 members), which opened a branch March 25 in North Haven, Conn., 30 miles south of Hartford, replacing one next door. NCUA data showed Connex had nine branches on Dec. 31, unchanged from a year earlier.
- Michigan Schools and Government Credit Union of Clinton Township, Mich. ($3.6 billion in assets, 149,277 members), which announced April 4 it has opened a new branch in Shelby Township, 32 miles north of Detroit. Plans for the new branch were announced in December. It is the credit union’s third branch in the Shelby Township community, its 11th in Macomb County and its 22nd overall.
- Ardent Federal Credit Union of Philadelphia ($850.7 million in assets, 35238 members), which moved its Philadelphia headquarters in December by about a mile to 1601 Cherry St., four blocks from Philadelphia City Hall.
President/CEO Rob Werner said the 20th-floor office has a wellness room, more conference rooms and “a very attractive café.”
“The building is of a higher quality, closer to center city with many more restaurants and easy access to several commuter options. And the 20th floor has great views that all employees can appreciate from all sides,” Werner said.
Ardent had nine locations on Dec. 31, one more than a year earlier.