Arkansas Federal Credit Union opened the doors for its new Little Rock headquarters at a ribbon cutting ceremony Thursday morning.
Arkansas Federal Credit Union is the state’s largest credit union with more than $1.7 billion in total assets and more than 370 employees, making it one of the largest financial institutions in Arkansas. Arkansas Federal has 19 branches throughout the state, which serve more than 130,000 members.
Mayor Frank Scott Jr. spoke of the growth Little Rock has seen over the past few years, noting the importance of headquarters to career opportunities.
“At the end of the day it’s about quality of life. It’s also about focusing on our true mission; unite, grow, transform,” Scott said. “With having more headquarters, we have not only jobs, but careers.”
Arkansas Federal Credit Union President and CEO, Rodney Showmar, took time to introduce his family, board members, executives and the construction companies that made moving the headquarters possible.
While sharing a letter from a positively-impacted customer, Showmar commented on the employees being the answers to many customers’ prayers.
“They show up to work every day not to be a boss, but for the cause, to be the difference in someone’s life is the common purpose that binds all 370 of our employees into one team,” Showmar said, after thanking branch manager Nathan Davenport. “And when we go home each night, we all understand one thing: someone’s life changed today because we came to work and helped make the world a better place. We can’t wait to come back to work tomorrow, and do it all over again.”
Showmar emphasized the importance of making this dream a reality. “This has been a dream of ours for quite some time; we outgrew our former headquarters several years ago,” Showmar said. Before the Little Rock headquarters opened its doors, Arkansas Federal Credit Union was separated into three buildings at its Jacksonville campus.
“The previous two years, a lot of hard work has been completed by a lot of people to get to this day. With our headquarters moving to Little Rock, we have become the second largest financial institution headquartered in the capital city,” Showmar said.
Showmar added the sole purpose of Arkansas Federal Credit Union has always been to serve the customer.
The. new Arkansas Federal Credit Union headquarters is located at 17500 Cantrell Road in West Little Rock.
Photo credit: Jamison Mosely, AY Media Group