SPRINGFIELD, Mass. (WWLP) – The growth of a local credit union could mean more people working downtown. Freedom Credit Union announced a $2.2 million expansion, that will grow the company’s headquarters on Main Street with new office space in a building on nearby Boylston Street.
The credit union’s 10th branch will open this fall at the Roger L. Putnam Vocational Technical Academy.
Freedom Credit Union President Barry Crosby told 22News that he found the expansion to be necessary, even in a struggling economy.
“We found it a great opportunity to find locations that were available and to better serve our membership and we’ve continued to expand as the economy was down,” Crosby said.
“We felt it important to stay in the city of Springfield. We found that with the building behind us, it’s going to make for great efficiencies.”
The company has a rich 90 year history, and was originally chartered as the Western Massachusetts Telephone Workers Credit Union.