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News Now

CU System
Conservationists question building CU in greenspace
ERIE, Pa. (12/28/07)--Conservationists in Erie, Pa., are questioning the sale of some of the city's proposed greenspace to Erie FCU for construction of a branch office. The city had commissioned a study of enhancing the green space along the Bayfront Connector. When it announced it was selling 1.5 acres to the $244.4 million asset credit union for $273,3000, conservationists complained (Erie Times-News Dec. 22). Mayor Joe Sinnott said the parcel's size lends itself to commercial use. The credit union is needed there and it wouldn't interfere with other greenway plans, he added. Norb Kaczmarek, CEO of Erie FCU, noted the credit union will spend "a good amount of money on landscaping and making it look nice. Our record of landscaping our existing buildings is second to none. We also recognized the need to create jobs and create a tax base." Kaczmarek also noted that a financial institution is needed in the area and it was a nice investment for the area.


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