Eastern Financial Florida Credit Union, a division of Space Coast Credit Union, has closed an underutilized branch, will be moving another and will be cutting Saturday hours at four others.
Several of the branch changes were in place before the June merger of Miramar, Fla.-based Eastern Financial and $3.3 billion Space Coast in Melbourne, Fla., said Space Coast spokeswoman Meredith Gibson. Eastern Financial's Lake Asbury branch closed on Sept. 4. The branch was acquired after the credit union merged in a small credit union in 2007 but it never grew beyond serving 200 members, Gibson explained. In another pre-merger move, Eastern Financial's Pembroke Pines branch will relocate to a larger facility with more amenities on Oct. 13.
After reviewing use patterns at four branches in Miami-Dade, Broward and Tampa locations, the decision was made to eliminate Saturday hours at all of them effective Oct. 5, Gibson said.
While no other closures have been announced, "branches throughout the SCCU service area are continuously reviewed to ensure that they remain relevant to the members." With the closure of the Lake Asbury branch, Eastern Financial now has 29 branches.
