First Community Credit Union held its ribbon-cutting ceremony Wednesday evening as part of its two-week Grand Opening Celebration. The grand opening includes giveaways, door prizes, lunch on Thursday, September 3, and account specials, explained Branch Manager Dana Jonsson. “It started Monday, August 31, and goes through Friday, September 11,” said Jonsson. “We invite everyone to come on out, check out the new building. We are going to have account specials going on during this two-week period. We will have cash prizes, door prizes, all of that. We are having a free community lunch tomorrow that we invite everyone to come out to. We are going to try to stay as COVID safe as we can, so we will be giving smaller group tours. And we look forward to seeing everyone.”
Jonsson said there are loan rates with an Annual Percentage Rate (APR) as low as 1.99 percent as part of the grand opening. “Some of our account specials going on right now, we have a consumer loan special where we can get rates as low as 1.99 percent APR,” said Jonsson. “Obviously, you’d have to credit qualify for those. We also have some CD specials going on as well during our grand opening two weeks as well. We can refinance existing loans to get you a better rate that way, so it doesn’t have to be brand new purchases or anything like that. We are a full-service financial institution as well. What that means is we can offer you mortgage loans, business, consumer loans, all the accounts that go with that. We do ag loans. Everything a full-service financial institution can do, we offer as well.”
First Community Credit Union Vice-President and Fargo Market Manager Nate Medhus said the new credit union building is an investment in the Crookston community. “We’re excited to be a part of the community,” said Medhus. “We look at this building as an investment in the community of Crookston. When the opportunity came for us to merge with Agassiz, we jumped at the chance. First Community has been around for over 80 years, and we primarily have an agricultural background. So, looking at a community like Crookston, it’s a strong agricultural background, a good economy here, so we felt it would be a wonderful fit for us. We felt we could come in and serve the people of Crookston really well.”
Jonsson said the new building looks more like a financial institution should, and has room for expansion as the local membership grows. “Our new building is a lot brighter, it’s open, it’s professional,” said Jonsson. “It looks how a financial institution is supposed to look. It is larger than we currently need. We do have some empty offices, but we are making a commitment to Crookston and the surrounding area. We want to be here for the long-term, and we are excited about the future, the growth, and helping everyone in the community.”
Medhus added that First Community Credit Union looks forward to serving and growing in the community. “We’re just really humbled that the people who are our current members here in Crookston have chosen us as their financial institution,” said Medhus. “We look forward to serving them to the best of our ability and continuing to grow in this community.”
The community lunch will be available Thursday from 11 a.m. to 2 p.m. at the new First Community Credit Union Building located at 2315 North Acres Dr.
