FREEPORT, Fla. – Eglin Federal Credit Union has broken ground on its new branch in Freeport.
Eglin Federal Credit Union (EFCU) held a groundbreaking ceremony Tuesday at its new Freeport Branch, making it EFCU’s first location in Walton County.
As part of the EFCU’s growth and expansion efforts, property was recently purchased at the intersection of Riverwalk Boulevard and US Highway 331, south of the Publix shopping center in Freeport. La Macchia Group is the design/build firm for the new Freeport Branch, Pace Branch, the Operations Center, and the recently-announced DeFuniak Springs and Gulf Breeze locations.
“On behalf of the Eglin Federal Credit Union Board of Directors, we are very proud to start on the construction for our first branch in Walton County,” said EFCU Chairman William “Bill” Rone.
“I am excited we will be offering our current members this convenient location and also to extend the benefits of membership to the Freeport community.”
Last year Eglin Federal Credit Union added specific geographic locations in northern and central Walton County to its field of membership.
Eligibility extends to persons who live, work (or regularly conduct business in), worship, or attend school in, and businesses and other legal entities located within the approved seven census tracts in Walton County.
“Walton County is one of the fastest growing counties in Florida and in the nation. We chose this convenient location in Freeport as part of our growth strategy surrounding Eglin Air Force Base,” said Jerry Williams, Eglin Federal Credit Union President/CEO.
“Currently, there are about 10,000 members living in Freeport and Defuniak Springs. We are excited to be able to offer our current members this convenient location, and we look forward to extending the benefits of membership to our new neighbors in Walton County.”
Williams added that EFCU is looking forward to getting engaged with the Walton County Chamber of Commerce and “to forming new partnerships with businesses to offer financial wellness resources to their members and employees.”
The Freeport Branch, expected to be completed in 2023, will be approximately 4,000 square feet and will showcase a new open branch design that features universal employees, and a member engagement area with interactive touch screen monitors.
This will be a full-service branch with safe deposit boxes, coin counter, night drop, touch screen video tellers, and drive-up ATMs, EFCU said.