Wednesday, June 1, 2011

Branch Consolidation

On June 1st the Main Street Office of Nebo Credit Union located at 1620 North Main Street was consolidated into our Spanish Fork Center Street Office located at 1371 East Center Street. Effective June 1st, all members who transact business at our Main Street Office will need to visit one of our other convenient branch locations in Spanish Fork, Springville, or Payson. The friendly employees you are familiar with at Main Street have been relocated to the Spanish Fork Center Street Office and throughout the credit union, so there will not be an interruption to the familiar friendly service you have come to expect at Nebo Credit Union. We will continue offering outstanding personalized service at our branches and you will still be able to talk to a real person without getting trapped in an automated response phone system.

Why the Change?

Simply put, the consolidation will provide better utilization of the credit union's assets. We have found over the last several years with advancements in technology that members are accessing the credit union more and more through online banking and electronic methods, and are coming into the branches less frequently. With advancements in electronic account access methods, you can conveniently access your accounts and apply for loans from just about anywhere.

Nebo Credit Union continues to be financially strong and we are taking steps to assure we stay that way. We have over $7 million of capital which is 12% of our assets. With the consolidation we look to increase operational efficiencies and minimize costs while continuing to provide outstanding personalized service. Now more than ever Nebo Credit Union is the best place to borrow, save, and transact your financial business!

Thank you for your on-going support of Nebo Credit Union.