The $1.4 billion ORNL Federal Credit Union in Oak Ridge, Tenn.,said it plans to open its 33rd branch, this one inKnoxville.
|The 157,000-member ORNL FCU said the full-service branch will bebuilt on a site it has agreed to buy at Northshore Town Center.
|The announcement continues growth that saw ORNL FCU increase itsconsumer loan portfolio by 15% in 2012. Over the past 13 years, thecredit union has tripled in assets and more than doubled inmembership, it said.
|“We are very pleased to be making this expansionannouncement as it will allow us the opportunity to better serveand bring increased value to our members,” said Chris Johnson, ORNLFCU president/CEO sinceApril 2011.
|ORNL FCU is open to membership to anyone who lives, works,worships or attends school in the 16 counties of Central EastTennessee,
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