Clearview FCU Continues Expanding in Pittsburgh
A merger adds two branches in July, another opens Tuesday and two more are planned for 2025.
Clearview Federal Credit Union has continued expanding in the Pittsburgh area both through an acquisition completed in July and branch openings, including the latest Tuesday in Cranberry Township, 21 miles north of the city.
The branch is the credit union’s 23rd and the last to open of three branches announced in the fall of 2023. The two others, which opened in late 2023, are in Pleasant Hills, 10 miles south of Pittsburgh, and Ross Township, eight miles north of Pittsburgh.
Next year Clearview plans to open branches in South Fayette, 17 miles southwest of Pittsburgh and in Pittsburgh’s Strip District, which Wikipedia described as a downtown area that was once filled with steel mills, factories and warehouses, but is now “a destination for groceries, restaurants, bars and art.”
Clearview ($2 billion in assets, 120,211 members as of June 30) also added two branches with its acquisition of Parkview Community Federal Credit Union of McKeesport, Pa., completed in July through a merger. As of June 30, Parkview Community had $54.9 million in assets and 7,603 members.
Lisa Florian, who became Clearview’s president/CEO in February 2023, said the credit union’s growth plans require opening new branches.
“Our new financial centers allow us to meet our members where they are by offering them convenient accessibility to our team of experts,” Florian said.
“By broadening our presence, we will be able to provide more members with financial education services, innovative solutions and tailored support that benefits them,” she said. “As we continue to evolve and expand, we are not simply adding new locations; we are upholding our commitment to cultivating stronger financial futures for members in our communities.”
In other branch news:
- Tucson Federal Credit Union of Tucson, Ariz. ($715.7 million in assets, 53,369 members) announced Tuesday it plans to open a new branch April 2025 in the Oro Valley Marketplace at 12155 North Oracle Rd. in Oro Valley, extending its branch footprint seven miles further north in the Tucson area. It also said it plans to renovate its six branches over the next three years. Its Midtown branch at 3801 E. Speedway Blvd. in Tucson will be the first to complete renovations, with an anticipated finish date of mid-November.
- Endurance Federal Credit Union of Duncan, Okla. ($185 million in assets, 13,850 members) held a grand opening Thursday for its new headquarters in Duncan, 80 miles south of Oklahoma City. NCUA data showed it had three branches on June 30, unchanged from a year earlier.
- Consumers Credit Union of Kalamazoo, Mich. ($2.3 billion in assets, 140,122 members) announced Wednesday it has begun building a new branch in Roosevelt Park, Mich., on the eastern shore of Lake Michigan, 90 miles northwest of Kalamazoo. “Galesburg is home to many of our members and employees, and there is an opportunity for us to bring banking back to Galesburg where other financial institutions have pulled out,” President/CEO Scott Sylvester said. “It’s a win-win for everyone involved.” NCUA data showed it had 29 branches on June 30, one more than a year earlier.
- Merrimack Valley Credit Union of Lawrence, Mass., 30 miles north of Boston ($2.2 billion in assets, 116,583 members) announced Wednesday that it has opened a branch as part of its Bridgewater Credit Union division in Plymouth, 40 miles south of Boston. NCUA data showed it had 21 branches on June 30, one more than a year earlier.
- SchoolsFirst Federal Credit Union of Santa Ana, Calif. ($30.9 billion in assets, 1.4 million members) announced Monday that it opened a new branch Aug. 19 on the campus of California State Polytechnic University, Pomona, 26 miles north of Santa Ana. It is the credit union’s 70th branch and its third on a college campus. NCUA data showed it had 67 branches and five corporate offices on June 30, unchanged from a year earlier.
- Veridian Credit Union of Waterloo, Iowa ($7.5 billion in assets, 341,172 members) announced Oct. 15 plans to construct a new branch in North Waterloo less than a mile from its former branch located inside the now shuttered Hy-Vee store at 2181 Logan Avenue. The credit union hasn’t yet set a timeframe for construction and opening the new branch.
Veridian President/CEO Renee Christoffer said Veridian began looking for ways to replace the branch as soon as it learned the store was closing.
“That closure created a financial desert, and we understand the hardship that creates in our community,” Christoffer said. “We’re grateful to have found a way to continue serving our members there in person.”
NCUA data showed Veridian had 32 branches on June 30, three more than a year earlier.