ITHACA — Visions Federal Credit Union plans to open a new branch at 410 Elmira Road in Ithaca this winter.
That’s according to a news release the credit union posted on its website on July 19.
The Endwell–based Visions sees the upcoming location as a “new banking option” for the Ithaca community. The organization will offer “lower interest rates on loans, competitive earnings on savings, a shared network of fee-free ATMs,” it contends.
“Hundreds” in the Ithaca community are already Visions members, the credit union said.
“We’re friends, neighbors, and community builders. We employ local people and partner with local businesses, which allows us to return the benefits to our members,” Ty Muse, president and CEO of Visions Federal Credit Union, said. “Members not only support the credit-union model, they also indirectly benefit the community.”
Established in 1966, Visions Federal Credit Union is a nonprofit financial institution “completely owned by its members.”
Visions, headquartered in Broome County, operates 51 branches in New York, Pennsylvania, and New Jersey. It has more than 199,000 members and 600 employees, per its website. It has total assets of $4.1 billion.