- Last Updated on 03:38 PM 07/07/14
- BY Mikeala Skelton/Gazette Intern
Piedmont Credit Union cut the ribbon Monday morning at its South Boston location officially opening its fourth branch.
Located at 4027 Halifax Road in Centerville, the Piedmont Credit Union is now open for business and will be celebrating its grand opening all this week.
Branch Manager Deborah Sizemore came out of retirement to join the local branch bringing with her 30 plus years of banking experience.
“We are hoping people will come in and visit us,” said the branch manager.
To involve neighboring businesses, the local branch also will have drawings of gift cards throughout the week.
Wednesday afternoon hors d'oeuvres will be available and Friday morning they hope to have breakfast available.
“We are trying to target everyone by giving them a chance to come in here during other times in the week since they may not be able to come in on Monday,” said Sizemore.
Piedmont Credit Union was first organized 45 years ago by Matt Nelson to serve the educational communities all across Southside Virginia and expanded in 2009 to be more inclusive in its members.
Before opening the new branch in South Boston, members had the option of going to their three Danville locations on Piney Forest Road in Danville, another on Route 58 West and the third at Franklin Turnpike.
Piedmont Credit Union offers the same services as a bank such as online banking, credit cards and travelers checks.
Something they do offer that Sizemore feels bank don’t offer is GAP insurance on loans and also an extended warranty.
The main difference between a bank and a credit union is credit unions are not-for-profit. In a sense, the members own the credit union, Sizemore added.
Being not-for-profit, she said the credit union is able to save as far as service charges and offer lower fees.
Joining the branch manager at Piedmont Credit Union are the local team members including Beverly Rutledge, Teresa Farley and Laura Reid.