ROCKY HILL, Conn. (12/20/12)--Nutmeg State FCU, Rocky Hill, Conn., has rolled out Connecticut's first mobile branch.
Nutmeg State FCU can bring the branch to its members with Connecticut's first mobile branch. The credit union plans to employ the full-service branch on wheels daily, serving members by making stops at their workplaces and schools. (Photo provided by Nutmeg State FCU)
The credit union plans to employ the full-service branch on wheels daily, serving by making stops at their workplaces and schools.
"This is yet another way we're trying to create superior service to our members," said Nutmeg State FCU President/CEO John Holt. "This new mobile branch will offer the ultimate conveniences as it's equipped to administer all services, just like a branch. It even has an ATM on board."
Nutmeg's new mobile branch debuted Dec. 6 at Illing Middle School in Manchester, Conn. The school is a participant in Nutmeg's School Banking Program, aimed at teaching students financial literacy at a young age. While on the bus, the kids learned the basics of banking, the difference between a bank and a credit union, the importance of budgeting, the various types of accounts, how interest grows and how to manage a loan.
The mobile branch made its second stop on Dec. 8 at the Newington Price Chopper, where it collected nonperishable food items to be donated to local food banks this holiday season.
Besides community venues, the mobile branch will serve in disaster-relief situations. Nutmeg's mobile branch would be deployed to impacted communities to assist residents with their banking needs. A generator and dual backup cell towers power the branch.
The vehicle will be staffed with Nutmeg State FCU personnel. On board the bus, consumers can open accounts, apply for loans and access almost any service they would in a physical branch.