Knoxville-based UT Federal Credit Union (UTFCU) opened its newest branch at 707 East Emory Road in Powell, with a special ribbon of money.
â€œWith the Girls & Boys Clubs of Halls/Powell as an important neighbor, we knew we wanted to do something special to recognize this great community resource,â€ said Beth Wade, branch manager. â€œThatâ€™s why the ribbon we used for our Open House Ribbon Cutting was made up of 250 dollar bills.â€ Josh Yarbrough from the Boys & Girls Club brought four of his charges to take part in the Open House events. The $250 â€˜ribbonâ€™ was cut by Wade and UTFCU President and CEO Debbie Jones.
This new full-service location offers ATM service, drive-thru, safe deposit boxes, an internet cafÃ©, and a retail environment of banking like that currently in use at UTFCUâ€™s main branch on White Avenue in Knoxville.
â€œCommunity response already has been phenomenal,â€ said Wade. â€œSince the doors opened weâ€™ve had a steady stream of new clients as well as current members who are enjoying the convenience of our new branch.â€
â€œWe are pleased to bring this new facility to our members who live or work in Halls and Powell. With more than 3,200 current members in the area that will be served with this new location, weâ€™ll be able to provide a better banking experience to existing members while reaching out to even more people in the community,â€ said Debbie Jones, UT Federal Credit Union President and CEO.
UT Federal Credit Union operates five branches in the Knoxville area. Two additional branches are located in Martin and Memphis, Tennessee.
(Beth Wade, Branch Manager; Debbie Jones, President and CEO; Teri Branam, Business Development Coordinator)
About UT Federal Credit Union
UT Federal Credit Union was founded on the philosophy that a credit union is a financial cooperative owned by members who share a common interest such as work, education or association. Today, UT Federal Credit Union has more than 25,000 members and assets of over $166 million. The heart of a credit union is its membership and as such, UT Federal Credit Union seeks to encourage savings, provide members with access to lower-cost loans and support the financial well being of its members. For more information on UT Federal Credit Union, visit utfcu.org.