The $567 million Sb1 Federal Credit Union in Philadelphia hasopened its first street-level branch.
The 31,800-member Sb1 now has six branches – three publicly accessible and threein areas restricted to SEG employee – and said it decided to moveits main branch to the high-visibility site at 1500 Spring GardenSt. as part of its mission of aligning its branch with colleges,collaborating with community ambassadors and events, and providingfinancial education programs.
Sb1 was originally chartered to serve employees ofGlaxoSmithKline, which has moved to the Philadelphia Navy Yard, where the credit union opened anotherbranch recently.
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