Press

evolve FCU | Branching into the Future

HARRISBURG, PA (March 15, 2023) — El Paso, TX evolve FCU has been changing the game when it comes to credit Unions. As of January 2023 evolve FCU has opened three new micro branches in El Paso. The branches provide easy and quick access for members to conduct transactions on their robust eTTA machines that operate exactly like a teller. Members can make auto and personal loan payments, cash withdrawals in $1, $5, $10, $20, $50, and $100 increments, transfer within evolve accounts and much more. In the recent boom of banking-on-the-go, evolve will also be implementing a new way for some members to have access to these new microbranches 24 hours a day.

Since their business model change in 2015, evolve has been changing the way their traditional brick and mortar branches operate. They have worked to reduce their physical footprint as well as operational costs while continuing to provide unique services. In addition, they have continued to give back to their community through their social purpose initiative. With their business model change came the birth of their membership plan, which is divided into four tiers: Basic, Plus, Platinum and Diamond Elite. One of the best impacts their business model change has left, is the ability to give back with their Patronage Dividend*. After the end of a successful financial year, the credit union shares its profits with its members.

Since the implementation of this new business model, evolve FCU has focused on operating electronically. With their ever-evolving electronic banking through a mobile app or logging in via desktop computer, their products give members more flexibility to access to their money 24/7 from anywhere at any time. They have also been able to give back to their members through the ePriority* checking account, where members can earn one of the highest APY’s in the nation.

Over the years evolve FCU has transitioned into a new way of operating while still providing their members with convenient ways to bank and access their money at all times. With change comes evolution and growth. With their recent expansion to Doña Ana County, evolve FCU is looking to have it’s first physical Microbranch in Las Cruces, New Mexico by the end of the 2023 year.

Find more information at https://www.evolvefcu.org/announcements

About evolve Federal Credit Union

Founded in 1936, evolve Federal Credit Union, formerly El Paso Employees Federal Credit Union, offers full-service banking for anyone who lives, works, or worships in El Paso and Dona Ana County. evolve Federal Credit Union is home to the only Patronage Dividend in El Paso. Visit us today at evolvefcu.org and let us be your financial institution of choice. Federally Insured by NCUA.