Press

Raiz FCU breaks ground on new Stanton Branch

Revitalizing El Paso’s Central/Downtown Area

EL PASO, TX (January 27, 2023) — A groundbreaking ceremony was held the morning of Thursday, January 26, 2023, to celebrate the soon-to-be Raiz FCU Stanton branch located on 300 Montana Ave. (on the corner of Stanton and Montana). Plans for this branch include a modern design, two drive-thru ATM lanes, and a 24/7 ATM lobby equipped with the latest fintech software to improve the member experience.

President and CEO of Raiz, Max Villaronga, shared his sentiment “It’s with great pride that we reach yet another milestone with the beginning of our newest Raiz branch. This location is very special; it will allow us to bring our products and services to a unique, historic, and diverse community – from students, families, and working professionals to military and retirees.” The El Paso Chamber presented Raiz with an Official Starlighter certificate. The star on the Franklin Mountain will be lit on Thursday, January 26, 2023, in honor of this momentous occasion.

The credit union was joined by the Raiz Board of Directors and Supervisory Committee, Raiz Senior Management, Alvidrez Architects, CT Construction, and the El Paso Chamber to turn the first sod. Construction of the branch is projected to be completed in the Fall of 2023. For more project updates on the construction of the branch, visit www.raiz.us.


About Raiz Federal Credit Union

At Raiz (pronounced as "rise" in English and "rah-EES" in Spanish), our members and strong, vibrant community inspire us daily. We share a passion for knowledge and the pursuit of growth, grounded in our heritage as El Paso Area Teachers Federal Credit Union (TFCU). Today, we guide members from many professions to focus on their goals and help them get here. We're proud of our roots in El Paso (since 1936) as we envision a bold path forward, leading the way with passion. We are over 70,000 members strong and provide a full range of high-quality financial services at the great rates and low costs you can expect from a first-class credit union. Join us and experience the difference that comes from working with people who care. The meaning behind our name: Spanish for root, our new identity grows from our heritage in the community. Grounded in the roots of our beginning with teachers, sharing a passion for knowledge and pursuit of growth. We inspire our members and employees to feel connected to our future potential together. We are rising and inviting people to move forward with us. As we look out to the light over the Franklin Mountains rising from El Paso, we look up and ahead to an even brighter tomorrow.

Contacts

Ale Loeza | Marketing & PR Manager |
915-926-2698 | aloeza@raiz.us

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