The Coosa Valley Credit Union revealed plans Tuesday to close its branch at 1307 Redmond Road at the end of the business day on July 31. The branch will be consolidated into the credit union’s main branch at 2010 Redmond Circle.
Andy F. Harris, president and CEO of Coosa Valley Credit Union, said the institution plans to retain the property at 1307 Redmond Road, and construct a new main branch facility at that location within the next couple of years.
The 1307 Redmond Road site was home to the Northwest Georgia Credit Union for many years, until it merged into CVCU early in 2016.
All employees at the 1307 Redmond Road branch will be relocated to other positions within the credit union.
Credit union members also have access to two additional branches in East Rome at 1311 Dean Ave., (another former Northwest Georgia Credit Union site) and 1504 Dean Ave., as well as branches in Cedartown, Rockmart and Cartersville.
Coosa Valley Credit Union currently has more than $300 million in assets, nearly 100 employees and more than 30,000 members and nearly 100 employees. It was founded in 1954 as the General Electric Employees of Rome Federal Credit Union. The name was changed to Coosa Valley Credit Union in 2002 to reflect a change in its charter that significantly broadened its field of membership.
CVCU now serves customers in Bartow, Catoosa, Chattooga, Cherokee, Cobb, Dade, Floyd, Gordon, Haralson, Paulding, Polk, Walker and Whitfield counties.
Associate editor Doug Walker contributed to this story.