LITTLE ROCK, AR (May 9, 2024) — Arkansas Federal Credit Union announced its expansion into Northeast Arkansas with the purchase of a location at 3313 East Johnson Avenue in Jonesboro. This marks the credit union’s first location in Northeast Arkansas and 22nd overall in Arkansas.
“Expansion into Jonesboro has been a strategic initiative for some time,” said Rodney Showmar, president and chief executive officer of Arkansas Federal. “We already have a sizeable membership base in Northeast Arkansas, and the addition of this location allows us better to serve our members in Jonesboro and surrounding areas and expand upon a broader commitment to open new branches across the state.”
The new full-service branch will offer consumer and commercial accounts, loans, mortgages, treasury management services, as well as insurance and investment services. The branch will be staffed by a team of four and will feature three drive-thru lanes and one 24-hour ATM.
“This new location marks another milestone in our credit union’s history. We continue to invest in our promise to provide easier access to our products and services and look forward to continuing to partner with local residents and businesses in the greater Jonesboro area to help them achieve their financial goals and further our mission to make a difference in the communities we serve.”
Arkansas Federal currently operates 21 branches throughout central Arkansas, the River Valley, and Northwest Arkansas.
Construction is expected to be completed by the end of 2024.
Arkansas Federal Credit Union is the largest credit union and one of the largest financial institutions in Arkansas with more than $2.4 billion in total assets and more than 400 employees. Arkansas Federal has 21 branches throughout Arkansas, which serve more than 150,000 members. www.afcu.org. #OpenToAllArkansans
Denise D. Goforth CUCME, CSE
Assistant Vice President Marketing
Arkansas Federal Credit Union
501-533-2251
dgoforth@afcu.org
