Arkansas Federal Credit Union is opening a new Little Rock branch, the latest move in the credit union’s expansion strategy.
The Midtown Little Rock branch is located on West Markham Street and is across from the University of Arkansas for Medical Sciences campus. According to the credit union, the new branch is the beginning of a “broader commitment…to open new branches and renovate existing ones.”
There will be a ribbon-cutting at the new branch on April 4.
Later in 2019, Arkansas Federal plans to open its first branch in Maumelle; move its Hot Springs office to a new location; and renovate its downtown Little Rock, North Little Rock, Fort Smith and Bryant branches.
Arkansas Federal President and CEO Rodney Showmar says the new branch and future branches are investments in their communities. The Midtown Little Rock branch is designed to provide services for the members of the UAMS community as well as individuals and residents in the Hillcrest/Midtown/Heights areas.
“This growth will allow us to better serve existing members and expose more Arkansans to our value-focused products and services,” Showmar said. “With more than 60 years serving Arkansans and 100,000-plus members, we are growing as more and more people recognize the value and service we provide is far greater than what they receive through other financial providers. Our continued growth will allow us to serve more members more conveniently, as well as bring new jobs to help strengthen the local economies.”
Arkansas Federal operates 15 credit union branches in the state. Currently, there are offices in Cabot, Conway, Fort Smith, Hot Springs, Jacksonville, Little Rock, North Little Rock, Rogers, Searcy and Van Buren.