Member News

Northeast Credit Union moving to historic Endicott Hotel building
Concord, NH
07/11/2013 09:54 AM
Northeast Credit Union announced that, in September, it will be relocating its Concord branch from its current location inside of the Cleveland Federal Building to a new location inside the historic Endicott Hotel building at the corner of South Main Street and Pleasant Street. With better parking and easier access, the new location will be a more convenient place for members while also giving the credit union enhanced visibility in a community it has been a part of for over 30 years.

Northeast Credit Union President and CEO Peter J. Kavalauskas states, “We are very excited to be opening our newest branch this fall at the historic Endicott Hotel building and partnering with CATCH Neighborhood Housing to support the economy and culture of downtown Concord. The new Northeast Credit Union branch will be a full-service branch with a 24-hour ATM and friendly and knowledgeable staff committed to providing the best possible service to members. We look forward to continuing the Northeast Credit Union tradition of helping people achieve their financial goals while also supporting the local community from this new location in downtown Concord.”

In discussing the importance of the historic building in the community and its selection for the credit union’s newest branch, Kavalauskas states, “Times have certainly changed since the early days of the 20th century when the Endicott Hotel welcomed travelers from the railroad stations. From developments in industry and technology to changes in local neighborhoods and across the state, the Endicott Hotel building has stood as a highly visible landmark in the community. With its founding over 75 years ago, Northeast Credit Union has witnessed many of the same changes over the years and appreciates the historical significance of the Endicott Hotel building. It is wonderful to see it continue its long-standing presence on Main Street and we share CATCH Neighborhood Housing’s enthusiasm to see the Endicott Hotel serving as a driver of commerce and culture for the local community once again. We are truly honored to be a part of the incredible community collaboration that is restoring and revitalizing the architectural and historic treasure that is the Endicott Hotel.”

Rosemary M. Heard, President of CATCH Neighborhood Housing added, “All of us at CATCH are so thrilled that Northeast Credit Union is one of the first tenants of the new Endicott Hotel. Their interest in the building as an historic landmark aligns perfectly with our vision for the Endicott, and we are pleased to help Northeast Credit Union bring their longstanding tradition of community involvement to prominence in downtown Concord.”

Northeast Credit Union is planning a grand opening for the new branch in September. For more information about the credit union, please visit www.necu.org .

About Northeast Credit Union
Northeast Credit Union (NECU) is a leading not-for-profit, cooperative financial services organization owned by its members. NECU offers an array of financial services, to include:  competitive financing rates, checking and savings, retirement planning, online banking and bill pay, mortgages, home equity loans, and business services. NECU currently has over $890 million in assets and serves over 90,000 members at branches in Berlin, Concord, Conway, Dover, Exeter, Gorham, Lebanon, Lee, Manchester, Merrimack, Northwood, Plymouth, Portsmouth, the Portsmouth Naval Shipyard, and Rochester. For more information about choosing the right financial product or service, please visit www.necu.org or call 1-888-436-1847. This credit union is federally insured by the National Credit Union Administration. Equal Housing Opportunity.

About CATCH Neighborhood Housing
CATCH Neighborhood Housing provides a full spectrum of housing services in Merrimack County, including 269 affordable rental apartments and homebuyer education and counseling through the Home Buyer & Financial Success Center.  For more information on CATCH Neighborhood Housing call (603) 225-8835 or visit www.catchhousing.org .

Photos:
Endicott Hotel circa 1910. Photo courtesy of CATCH Neighborhood Housing.
Endicott Hotel current day. Photo courtesy of CATCH Neighborhood Housing.
Reference
Amy Cairy
603-422-9951
 
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