New signage was put in place this week at Educators Credit Union, 960 Paradise Drive in West Bend. The location was previously home to BMO Harris Bank; that branch closed in March 2014 and was sold that same month to Educators Credit Union of Racine for $2.15 million.
Glenn Brusky, Regional Branch Operations Manager at Educators Credit Union, said its take more than a year to start up the branch because that was their plan all along.
“After purchasing this property, we had targeted to open this office as a branch within two years as we finished other priority projects,” he said. “We were also recently able to sign-up a tenant to split the space to better offset the cost of operations”
Contractors are on site framing the interior and working on the electrical. The tenant will be subleasing the north end of the building. http://www.washingtoncountyinsider.com will release the name of the tenant in June after it closes on the deal. The tenants current lease on E. Washington Street expires at the end of 2016.
Educators Credit Union plans to open the Paradise Drive location in the summer of 2016.
“We expect to open this office in mid-June, as early as June 13 or as late as June 27,” said Brusky. “A grand opening is expected in the month of August with product special and other activities being planned.”
After opening, the credit union will be looking at creating awareness of money-saving services and resources it provides.
“Our membership is open to anyone that lives or works in Washington or Ozaukee counties and five other counties in southwest Wisconsin,” Brusky said. “Our goal is to actively share financial knowledge to help people make more informed financial decision and have greater financial success.”
More information is available at ecu.com