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Peoples Credit Union completes $4.5 million expansion project

-Submitted photo
The Webster City branch of Peoples Credit Union has reopened following the completion of a $4.5 million expansion project.

WEBSTER CITY — Peoples Credit Union announced the grand reopening of its branch on First Street in Webster City following the completion of its latest major expansion.

The three-phase project took one year to complete. Phase 1 involved building the new 4,358 square foot addition. Phase 2 was the total remodel of the existing building. Phase 3 was drive-up window renovation, extended parking lot, and landscaping.

The new facility now houses 14 offices,10 work stations, a large conference room, a large staff kitchen, a new call center, four teller lines, and a spacious modern lobby area with state-of-the-art technology. The updated building more than doubled the previous size, offering a more efficient layout with enhanced amenities to streamline the banking experience..

Throughout the multi-million dollar project, Peoples Credit Union used local contractors to have a positive influence on the community and the economy. The expansion also created new job opportunities with Peoples Credit Union with room for future growth.

“I am thrilled to share news of Peoples Credit Union’s completed expansion, creating an expanded footprint and job opportunities for the Webster City area,” said Mark Ferguson, Webster City Area Chamber board president.“This growth not only strengthens our financial landscape but highlights our dedication to fostering a strong community. With each added job, we are contributing to the livelihoods of our neighbors, building a stronger local economy together.”

“Webster City is where we planted our flag over 60 years ago and expanding here, where it all began, pays tribute to the founders and their vision to create a successful banking cooperative,” said Jordan Hensley, CEO and president of Peoples Credit Union. “This investment demonstrates our continued commitment to offer the best service and products to our members and desire to grow and thrive within the communities we serve.”

The branch will continue to offer a comprehensive range of financial products and services, including savings and checking accounts, home, auto, and recreational loans, and personalized financial guidance. Members can expect the same dedication to excellence and community-focused values that Peoples Credit Union has shown for over 60 years.

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