Telco Credit Union, based in Tarboro, NC, broke ground on Wednesday, June 24, 2015 for their new full service office in Greenville, NC. The 3,700 sq foot building was designed by the EAST GROUP of Greenville, with Farrior & Sons, Inc. serving as the general contractor. The project is estimated to be completed by the end of the year with the new facility adding seven new jobs to the local workforce. The Greenville location is the first branch for the Credit Union, who have planned an aggressive expansion program for the next three years. Leo Corbin, Greenville-Pitt County Chamber of Commerce Board Chair, spoke at the event. Also present, and serving as hosts, were members of the Telco Credit Union Board of Directors.
“We are extremely pleased to see our planning and vision beginning to come to fruition,” noted President and CEO of Telco Credit Union Charles Johnson. “This state-of-the-art facility, along with its convenient location, will enable us to offer the value of an independent credit union to our current clients, and to recruit new members in Pitt County.”
One of the state-of-the-art features will be TelcoExpress ITMs (Interactive Teller Machines). The ITMs feature traditional teller services via video with live tellers at the Telco headquarters in Tarboro. TelcoExpress extends personal service hours, 7:00 a.m. to 7:00 p.m. Telco’s installation of these new machines at this branch will be among the first in the State, and the first in eastern North Carolina.
“We did quite a bit of research, focus groups and speaking with our members and they are excited about the extended hours and wide range of services the TelcoExpress ITMs will provide,” said Johnson. He continued, “We plan to have a good number of staff members on hand to help our members become familiar with this new way of banking.”
Telco Credit Union is one of North Carolina’s oldest credit unions, formed in 1941 by Carolina Telephone employees. Telco now serves over 8,000 members in eastern North Carolina. Members’ benefits include profit returns as well as higher dividends on savings, lower interest rates on loan