America?s Credit Union moves to new location

America?s Credit Union has relocated its branch on Martin Way into a former First Citizens Bank branch in Lacey at 8308 Quinault Drive N.E., a spokeswoman for the credit union said Wednesday.

ACU bought the building from First Citizens and opened for business in its new location on Oct. 11, Heidi West said. ACU, a federally chartered credit union, which largely serves the military at Joint Base Lewis-McChord, also has plans to open two branches in Yelm next year, she said. The credit union is building a new branch that will open in February and a second branch inside the Walmart store will open in March, West said.

The former First Citizens Bank branch in Lacey is one of several branches in the region that First Citizens has decided it no longer needed.

First-Citizens Bank & Trust Co. of Raleigh, N.C., has operated in South Sound since Sept. 11, 2009, the day it acquired Venture Bank of Lacey, a failed bank that was closed by state regulators and sold to First Citizens in a deal brokered by the Federal Deposit Insurance Corporation.

First Citizens has scaled back its presence in the area ever since.

After Venture Bank closed, First Citizens occupied Venture?s DuPont headquarters for a few months before relocating staff members to its Lacey branch on College Street in March 2010.

It also closed former Venture Bank branches in Lakewood, Puyallup and Woodinville.

First Citizens Bank then announced it would close five South Sound bank branches, affecting locations in west Olympia, Lacey, downtown Tacoma, Kent and the Pioneer branch in Gig Harbor. ACU acquired the branch in Lacey and O Bee Credit Union is expected to open in the former First Citizens Bank branch at Harrison Avenue and Cooper Point Road next month.

Rolf Boone, staff writer

rboone@theolympian.com

Source: http://www.theolympian.com/2011/12/24/1924910/americas-credit-union-moves-to.html

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