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A Groundbreaking Ceremony

Telco_Groundbreaking_6-2015

 

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

Greenville Mayor and Chamber Welcome New Business

Hats with the new Telco logo debuted  at the press conference welcoming the credit union to Greenville. Photo by Brad Christian for WNCT.

Hats with the new Telco logo debuted at the press conference welcoming the credit union to Greenville. Photo by Brad Christian for WNCT.

Great press conference welcoming Telco to Greenville. See more here.

Press Release: TELCO ANNOUNCES NEW FACILITY TO LOCATE IN GREENVILLE

Tarboro, N.C., July 22, 2014 – Telco Credit Union based in Tarboro, NC announced today they will begin construction on a full service office in Greenville at 631 East Arlington Blvd. Along with the opening of the Pitt County location, which will be the first branch for the credit union since its founding in 1941, they also introduced a new brand and position line.

“We are very excited about celebrating the opening of our Greenville office and the new location enables us to enhance service to our members in Greenville and the surrounding area” commented Charles Johnson, President and CEO of Telco. He continued, “We have been reviewing cities all over eastern North Carolina for over a year and the Greenville market was a perfect match for us. We have an excellent base of members in Pitt County. Greenville is the type market that appreciates the value of an independent credit union.” Johnson concluded, “ Our convenient location will enable us to serve our current members, as well as, recruit new members to our family.”

Telco announced a partnership with the Ronald McDonald House in Greenville for membership in their organization. “We are excited about offering membership in our credit union to anyone who makes a contribution of $25 or more to the Friends of the Ronald McDonald House in Greenville,” says Johnson. He continued, “It is that easy and it cannot go to a better cause.”

Telco is one of the state’s oldest credit unions formed in 1941, when  nineteen honest, hardworking Carolina Telephone employees met in Tarboro to form Telco Credit Union. With these sound financial principles and an eye on the future the not-for-profit financial institution now serves over 8,300 members in eastern North Carolina. “Profits are returned to members and are reflected in our ability to pay higher dividends on savings, offer lower interest rates on loans and provide expanded products and services at less cost.” said Johnson.

“Telco will add seven new jobs to the local workforce and the building, designed by The East Group in Greenville, will be 5,000 square feet. Carl Rees, Economic Development Officer, and his staff was essential in providing invaluable demographic information and available building sites. We had seriously considered other locations and other communities but his insights really impacted our decision to choose this location.” He continued, “We also appreciate the Chamber’s warm welcome and look forward to taking our place here in Greenville and taking an active part in this vibrant community.”

Telco will offer personal checking and savings, auto, boat, motorcycle and personal loans. CD’s, IRA’s and money market accounts will also be available at this location. June Carlisle, Director of Member Services commented “We plan to offer a wide array of variable and fixed rate home equity loans as well as primary mortgage loans,” she continued, “We offer flexible terms and competitive interest rates, that correspond with the variety of our member’s needs.”

Telco plans to break ground this fall and open in the spring of 2015.

Telco also unveiled a new logo and position line. The new logo features “coastal colors and a speech bubble” evoking the roots of Carolina Telephone while representing the individuality of each member. The position line, “you can belong here” calls to mind a sense of community while communicating a sense of belonging. A new campaign is planned for the fall with the office on East Arlington featuring the same colors and style.

The office hours are:

• Monday- Thursday 8:30am – 5:00pm

• Friday 8:30 – 6:00PM

Those interested in learning more about how to become a member of the Telco Credit Union family contact June Carlisle at 252-823-0119 or email her at jcarlisle@telcu.com.

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