Bethpage Federal Credit Union announced plans to open five new branches over the course of the next year. They include a location in Ronkonkoma, and for the first time, locations in Queens, and its first out-of-state branch, in New Jersey.
In Ronkonkoma, the credit union will open in the new Station Yards community. In Queens, the credit union is opening in Sunnyside, Forest Hills and Ozone Park. The credit union will open in Cherry Hill, New Jersey.
“Branch expansion throughout the tri-state area is a major part of our growth strategy,” Linda Armyn, president and CEO of Bethpage Federal Credit Union, said in a statement. “We look forward to becoming an active and integral member of each of these distinct and vibrant communities.”
The last time the credit union opened a new branch was in 2020, in New Hyde Park. All of the branches are built with an eye toward environmental sustainability.
The Sunnyside branch, at 47-21 Queens Boulevard, which already had a soft opening, will have a grand opening on Oct. 14. The Ozone Park location, at 102-20 Atlantic Avenue, is slated to open next. The remaining branches are expected to open by July of 2024.
Armyn said the credit union is taking a green approach with the expansion.
“Sustainability is also a major part of our branch expansion plan. All branches are being built using recycled materials and custom, pre-fabricated, modular designs, providing additional benefits to the communities during and after construction,” Armyn said. “We’re very enthusiastic about creating new spaces that reduce our carbon footprint and allow us to develop a more sustainable environment for our employees, our members, and the community.”
All unit materials including lumber, millwork, and laminate used for the construction are UL Greenguard Gold Standard certified with low VOC content and emissions as well as New York City MEA Approved. Bethpage retained Georgia-based Financial Supermarkets, Inc., a provider of custom-retail branch delivery services, to develop the design, fabrication, and installation of each new branch, which is expected to take approximately eight weeks on-site, versus the usual six-to-12- month construction period.
As part of the expansion, the bank is increasing its virtual banking capacity.
“In addition to our physical branch expansion, we are thrilled to be growing our virtual branch team, which began during the pandemic to serve all of our members nationwide,” Armyn said. “Our membership is embracing the flexibility of the virtual branch making it a growing channel.”
Adina Genn
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