DETROIT – Credit Union ONE celebrated the opening of its new Southwest Detroit branch on the site of its former branch that had served the community for more than fifty years. The new branch is a ground-up investment by the approximately $1.8 billion-asset credit union that demonstrates its belief in the strength of the community and deepens its longtime role in meeting the needs of the people and small businesses that make up the vibrant neighborhoods nearby.
The new building presented Credit Union ONE with an opportunity to not only provide access to safe and convenient financial services but to reimagine the space to be more than the “bank on the corner.” During the design process, the credit union acquired additional vacant property to allow for construction of a community room that will host local gatherings and be a place for financial learning for the community. This additional space will be adorned with a mural created by a local artist that celebrates the unique character and culture of Southwest Detroit.
“Each construction project is an opportunity to think about the unique needs of the community and the evolution of financial services delivery,” said Gary Moody, CEO of Credit Union ONE. “I believe we’ve hit the mark on creating a welcoming neighborhood-oriented space that incorporates personal service, technology, and a place for gathering and learning about financial well-being. Of course, what matters most is that this branch demonstrates a recommitment to a long and deep relationship in which Credit Union ONE will continue to have a positive impact on local families and small businesses in Southwest Detroit.”
“My relationship with Credit Union ONE goes back to Southwest Detroit Branch Manager Nettie Parker, who believed in me and gave me my first car loan,” recalled Guadalupe Lara, chairperson of Credit Union ONE. “I try to spread the lesson I learned from Nettie, ‘You don’t give up because someone rejects you. You dust yourself off and keep moving forward!’ Credit Union ONE staff have that commitment to assist others and to keep moving forward through our products to achieve their dreams! This is a community with a strong identity, deep roots, and people who care deeply about its future. Credit Union ONE listened to the neighborhood and created a space that feels like it belongs here.”
The new Credit Union ONE Southwest Detroit branch is located at 1545 Junction Avenue, Detroit, MI 48209, and officially opened on September 28.
About Credit Union ONE
Organized in 1938 and headquartered in Ferndale, Michigan, Credit Union ONE has more than 100,000 members and approximately $1.8 billion in assets. The credit union offers consumers and businesses a full array of deposits, loans, credit cards, mortgages, investments, and insurance services. Members have access to digital banking and payment solutions, a growing branch network, and more than 40,000 fee-free ATMs through the CO-OP Network. To learn more, visit cuone.org or follow Credit Union ONE on Facebook, Instagram, LinkedIn, and YouTube. Deposits are federally insured by the National Credit Union Administration.
