News Post

White Eagle Credit Union breaks ground on new site

Saturday, September 22 2018 1:52 PM

With shovels poised, members of White Eagle Credit Union joined WECU employees and officers, in turning the sod at the site of El Dorado's new WECU branch location.

White Eagle Credit Union has been a part of Butler County since 1935, when a group of hard working employees at the White Eagle Refinery in Augusta gathered under an elm tree to talk about an idea that would help provide refinery employees with a better chance at financial security.  A converted cigar box became a cash box, and the White Eagle Credit Union was born.  Through the years, the workers would line up to deposit their pay.  Loans were granted, allowing members to build better lives for thier familiies with new homes and an enhanced standard of living.

When the refinery closed in 1983, the credit union was thriving and instead of closing, White Eagle leaders decided to open membership to the public and expand in Butler County, and later to Newton in Harvey County.  White Eagle has kept up with modern world and continues to deliver the same outstanding service to its members.  In addition to providing financial service to credit union members, WECU also supports communities in a big way.

"At White Eagle Credit Untion, we believe that supporting the communities we serve isn't just good business, it's part of who we are," said Rick Blue, WECU President.

Augusta, El Dorado and Newton non-profits, schools, and community organizations have received generous donations and service from WECU members and employees.

Approximately 10 years ago, board members and Blue discussed the need for a new El Dorado branch facility.  When the former American Legion golf course property went on the market, they saw it as an opportunity to obtain a prime location.  The new facility will be just north of the BG Products Veterans Sports Complex near Haverhill Road and Central Ave.

"We are really excited to be able to break ground on a new branch building in El Dorado.  It has been a long time coming.  We really appreciate the support we are getting from the City, Chamber, and Community.  The new location will be about 4700 square feet, and hopefully provide a more convenient way to conduct business while providing all the new technical services that members have come to expect.  We look forward to continuing to be part of the community for years to come," Blue advised.

The new El Dorado White Eagle Credit Union facility is expected to open in June 2019.

 

by Belinda Larsen, TG Correspondent

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