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CU System
CU opens five branches in 62 days
Texas State Rep. Jose Menendez (D-124) joined Generations FCU board of directors, senior managers and H-E-B Plus Store staff to cut the ceremonial ribbon for the credit union's five new retail branches opened within 62 days. (Photo provided by the Texas Credit Union League)
SAN ANTONIO (4/2/12)--Texas State Rep. Jose Menendez (D-124) joined Generations FCU and H-E-B Plus Store Tuesday at an event held at an H-E-B store location in San Antonio to open the credit union's five new retail branch locations Tuesday. The credit union opened the five branches within 62 days at H-E-B stores.

With the newest branches, the $385 million asset, San Antonio-based Generations now has 14 locations across San Antonio and Bexar County (LoneStar Leaguer March 29).

"This is more than just a ribbon-cutting event for us," said President/ CEO Tim F. Haegelin. "Our staff came together and opened five new branches in 62 days. It's a monumental task by any standard, and we really wanted to take this opportunity to recognize all the hard work and dedication that went into making this relationship with H-E-B a reality."

All Generations H-E-B retail locations are full-service branches where members and potential members can open accounts, request debit cards and apply for loans, among other services. Anyone who lives, works, worships, volunteers or attends school in Bexar County, and family of current members, are eligible for membership.

"One of the directives of our founding members was to be a true financial advocate for our community, and a significant aspect of that is access, convenience and availability," Haegelin said. "This relationship with H-E-B is just another way that we as a credit union can reach out into the community every day and live up to that original challenge of our founding members."


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