For Immediate Release
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July 09, 2009
Local Contact: Paul B. Stull
Arizona State Credit Union
Telephone (602) 467-4062
pMarketing@azstcu.org

Arizona State Credit Union Opens New Branch in Scottsdale Providing Boost to City's Improving Economy

Scottsdale Mayor W.J. "Jim" Lane joins local Chambers of Commerce in welcoming the new branch to their community

PHOENIX, Ariz (July 9, 2009) - Arizona State Credit Union celebrated its new branch in Scottsdale, moving into the vibrant Kierland neighborhood. The Grand Opening Event was held on October 15, 2009, and included a ribbon cutting ceremony attended by Scottsdale Mayor W.J. "Jim" Lane and members of the Scottsdale and North Scottsdale Chambers of Commerce. Scottsdale residents and officials all joined in celebrating the new branch located at 6501 E. Greenway Parkway in Scottsdale, Arizona.

"We are so excited to welcome Arizona State Credit Union to Scottsdale," said Mayor Lane. "It"s marvelous to see a financial institution opening new branches and we"re especially thrilled that Arizona State Credit Union chose Scottsdale. It shows tremendous confidence in our rebounding economy."

The ribbon cutting ceremony was also attended by Arizona State Credit Union officials, including Executive Vice President of Retail Operations Dean Vigfusson, Senior Vice President of Marketing Paul Stull, Vice President of Retail Banking Debbie Meshey, and Branch Manager Reghan Crow.

"We are so happy to join this community and be of service to our growing membership base in Scottsdale," said Executive Vice President Vigfusson. "This is a true representation of Arizona State Credit Union"s strength and security. Despite an unstable banking climate, this has been our best year in lending-funding over $200 million in home loans. We are proud to be a strong, stable, reliable lender."

During the celebration, Arizona State Credit Union associates assisted new members in opening accounts and helped educate new and existing members on the Credit Union"s wide range of personal and business services. They also kicked off an exciting promotion supporting the Grand Opening: the Credit Union will be giving away seven shopping sprees totaling $11,000. Members who open a Free Checking Account before November 20, 2009, are eligible to win the drawing.

With the opening of their new Scottsdale location, Arizona State Credit Union extends its growing network of branches, each dedicated to providing excellent financial services to the people of Arizona.

About Arizona State Credit Union
Arizona State Credit Union is a $1.3 billion full service, not-for-profit financial cooperative with a statewide branch network serving the people of Arizona. More than 133,000 Arizonans turn to Arizona State Credit Union for outstanding service and value. Arizona State Credit Union has grown dramatically since its founding in 1951, providing a full line of financial products and services at 21 branches across the state. Nearly 60 years of excellence and outstanding customer service have helped the Credit Union become a three-time winner of Arizona Business Magazine's Ranking Arizona and a three-time recipient of the Peter Barron Stark & Associates Award for Workplace ExcellenceTM. Arizona State Credit Union is headquartered in Phoenix and welcomes membership from businesses and individuals throughout the state. Reach us at 800.671.1098 or visit us at www.azstcu.org.

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