New branch reflects growing membership in Idaho.
february 21, 2019.
STCU will open its sixth North Idaho branch location in late 2019, continuing a period of unparalleled growth for the 85-year-old financial cooperative.
The 3,300-square-foot Rathdrum Branch will be located at the southwest corner of Vera Street and Highway 41, directly across from Lakeland Junior High School, and will feature a drive-through with teller and ATM access. Bernardo/Wills Architects PC of Spokane will handle the craftsman-style design.
Since the opening of the Post Falls and Silver Lake branches in 2007, STCU's membership has more than doubled, with more than 15 percent of total membership now in Idaho. The credit union expects new personal and business memberships to keep pace as the region continues to grow.
"With an increasing number of Kootenai County residents and businesses joining the credit union, we have the opportunity to provide service that's closer to home for many of them," said Ezra Eckhardt, STCU president and CEO. "It will give many of our members an alternative to the busy I-90 corridor."
In addition to the upcoming Rathdrum Branch, construction is underway to relocate and expand the Bonner County Branch in Ponderay, nearly doubling the size of the existing branch and adding two drive-through lanes. The two buildings, only 300 feet apart, share a parking lot at the intersection of U.S. Highway 95 and Kootenai Cutoff Road.
The Rathdrum site will be STCU's 24th location, including two newly opened Tri-Cities locations in Kennewick and Richland. A third Tri-Cities branch location, in Pasco, is slated to open later this year.
Founded by educators in 1934, STCU has nearly 190,000 members. The not-for-profit credit union currently has $2.9 billion in assets and 23 branch locations in Eastern Washington and North Idaho.