Peach State Federal Credit Union breaks ground on new branch in Lawrenceville
LAWRENCEVILLE, GA (October 26, 2017) — Peach State Federal Credit Union celebrated the future home of their newest branch in downtown Lawrenceville with a groundbreaking ceremony attended by credit union Board and staff members as well as representatives from the city. The branch will be constructed on the property between North Pike Street and North Clayton Street by Consultants & Builders, Inc. (CBI).
Construction is set to begin in the coming weeks and is slated to be completed in fall 2018. The new branch will feature state of the art teller pods with a goal of providing faster, more efficient service to members. Staff from the existing branch in downtown Lawrenceville will transfer to the new branch upon its opening.
“As a long time supporter of the arts and cultural development in our community, we’re proud to contribute to the Aurora Theatre’s growth and Georgia Gwinnett College’s expanded fine arts offerings through the sale of our existing branch,” said Peach State’s President/CEO, Marshall Boutwell. “We believe that our members will enjoy the new branch in a convenient location less than a mile from the bustling downtown area, with the same trusted staff members that they have always done business with.”
The credit union’s existing branch in downtown Lawrenceville was sold earlier this year to the Downtown Development Authority of Lawrenceville Georgia (DDA) for the purpose of developing and expanding the arts and cultural offerings in Gwinnett’s county seat. According to the DDA, the project, estimated to be completed in 2020, will house a 500-seat auditorium, a common area for meetings and networking functions and classrooms for Georgia Gwinnett College’s fine arts program while preserving and utilizing the existing theatre facilities.
Rendering of Peach State’s New Branch on Pike Street in downtown Lawrenceville, GA
Left to Right: Tyler Williams, President/Owner of Consultants & Builders, Inc.; Lee Merritt, Vice Chairman of the Lawrenceville Downtown Development Authority; Judy Jordan Johnson, Mayor of Lawrenceville; Marshall Boutwell, Peach State President/CEO; Cheryl Henry, Peach State Branch Manager; Rick Davis, Peach State Chairman of the Board; Rick Cost, Peach State Board Member and Supervisory Committee Chairman
About Peach State Federal Credit Union
Peach State is a $543 million credit union that serves more than 60,000 members in Georgia and South Carolina. Operating as a not-for-profit financial cooperative, Peach State’s mission is to provide quality financial services that meet the needs and exceed the expectations of its member-owners. For more information, visit www.peachstatefcu.org.