CASTLETON—Last week, Heritage Family Credit Union announced it will locate its 10th branch in Castleton. The credit union will occupy a building on Main Street owned by John Rehlen. The building was previously the location of Citizen Bank, whose departure in May 2017 left the town without a financial institution.
The new HFCU branch will open in the fall of 2017 and will serve over 2,700 existing credit union members in the Castleton area.
In a press release, CEO and President Matthew Levandowski said, “We are excited to bring Heritage Family Credit Union to Castleton and become a greater part of that community. As a financial cooperative, our goal is to continue expanding our services to areas that are underserved and we saw great potential in assisting the residents of Castleton. It is our hope that this new location will serve our existing membership where they live, as well as attract new members to the credit union family, so we can have a long lasting impact in helping them meet their financial goals.”
Heritage Family Credit Union was founded in 1956 in Ludlow as the Ludlow Rutland General Electric Employees’ Credit Union, becoming Heritage Family Credit Union in 2001.