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Sb1 Federal Credit Union Celebrates Grand Opening at the Philadelphia Navy Yard

Sb1 Celebrates Branch Grand Opening at the Philadelphia Navy Yard

Philadelphia, PA. (October 10, 2012)
— Sb1 celebrated the grand opening of their new branch at 4613 S. Broad Street located in the Philadelphia Navy Yard with the help of City Councilman Kenyatta Johnson and Vice President of the Navy Yard management and Development, Will Agate. Festivities included special offers to those new to Sb1, giveaways, food, drinks and raffle prizes. At the event, Sb1 made a special donation to Change 4a Dollar, a nonprofit dedicated to teaching children financial literacy.

The new 2,600 square foot fully staffed branch has a 24/7 ATM. Members can use the location to establish accounts, apply for loans and perform financial transactions. In addition, members can make an appointment with a Financial Advisor to review their current retirement accounts as well as discuss long term goals. WiFi and a coffee lounge provide additional comfort while visiting the branch.

"Our move to the new location allows us to continue to serve our original sponsor, GlaxoSmithKline, as well as to conveniently serve the Navy Yard population,” said Tom Swierzy, Sb1’s President/CEO. "Historically, Sb1 was open only to Select Employer Groups and their families. Now anyone who lives, works, or attends school in Philadelphia, south of Lehigh Avenue, is able to bank with Sb1.This new location will allow us to continue to grow within the Philadelphia community and provide an exceptional breadth of lending, saving and investment products and services."

About Sb1

Governed by a volunteer Board of Directors since 1977, Sb1 is a not-for-profit credit union owned by its members. Profits are returned to the members in the form of better rates, fewer fee and convenient technologies. Sb1 is one of the largest federally insured financial cooperatives in Philadelphia with more than $550 million in assets and 31,000 members.  Anyone who lives, works, worships or attends school in Philadelphia, south of Lehigh Avenue, can utilize Sb1 products and services. For more information please visit sb1fcu.org