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Credit Union Opens Doors

December 7, 2012

ST. MARYS — The newest members of the St. Marys business community officially opened its doors on Friday.

Superior Federal Credit Union opened its newest branch, located at 462 Fortman Drive in St. Marys, with a ribbon cutting ceremony that brought to close an almost six-month project. Superior Federal Credit Union CEO Phil Buell said the St. Marys location was the perfect addition to the company’s portfolio.

“It’s been nice to open,” Buell told The Evening Leader. “We’d been looking to come to St. Marys for quite some time now and we were able to secure this spot back in the spring and were hoping to get it built by the end of the year. We are really happy to be open now.”

Buell also praised the efforts of city officials during the planning and construction process. St. Marys, he noted, became a desirable location for expansion given the number of customers in the Grand Lake St. Marys area.

“We kind of follow our members,” Buell said. “We had members in Delphos and we opened a branch there. We had a concentration in Ottawa and opened one there. We looked at where our next concentration of members were and it was St. Marys.”

Before opening the St. Marys branch, Superior Federal Credit Union had approximately 800 and 900 members in the region. Since opening a temporary office in downtown St. Marys earlier this year, that number has grown.

“We had a nice base down here and it’s a natural fit,” Buell said. “It’s off to a wonderful start.”

The branch will employ five to seven people, depending upon traffic and demand. St. Marys Mayor Pat McGowan welcomed the addition to the city.

“It’s another jewel in the crown as far as St. Marys becoming  the center point of local economics,” McGowan said. “We really appreciate Superior Federal Credit Union coming here and becoming part of St. Marys. I’m sure the citizens of St. Marys will support them.”

The Shoppes at St. Marys could see additional development in the coming year.

“We work with Oberer Development to promote this area to new development,” St. Marys Development Manager Susan Crotty said. “It has grown recently and we expect to see more, hopefully next year ... Oberer has been doing a lot of outreach to bring some new users to the area.”

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