Athol Credit Union aims to grow Orange clientele, starting with ATM

  • This TD Bank location at 30 East Main St. in Orange will join the TD Bank location at 2156 Main St. on Nov. 10. Recorder Staff/Domenic Poli

Recorder Staff
Published: 11/23/2016 4:22:07 PM

ORANGE — Athol Credit Union is moving forward with plans to install a drive-up ATM in Orange, ensuring the town will not be without a machine for depositing cash and checks following TD Bank’s closure on Nov. 10.

The new ATM, slated for the former Bank of America branch at 85 East Main St., will be equipped to accept cash and check deposits for individuals and businesses.

TD Bank announced a few months ago its plans to close its Orange location, at 30 East Main St., on Nov. 10. The town’s Selectmen signed a letter to the national bank’s director for district licensing, stating the branch’s closure would negatively affect Orange residents. They also asked that TD Bank keep an ATM in Orange, if keeping the branch open was impossible.

According to ACU, its officials view the ATM as an initial step toward providing a full-service branch office to Orange’s businesses and residents.

“While we respect the fact that institutions much larger than ACU were not able to maintain branches in Orange, we are confident that with the community’s support we will be able to reestablish a full-service branch in the downtown area,” said ACU President Kevin Miller. “This process will take time, but through sustainable membership growth we will reach our goal.”

ACU services 7,000 members from the nine North Quabbin towns, with concentration in Athol and Orange.

ACU’s intention is to have the ATM running by the end of January 2017. The machine will be available 24 hours a day, seven days a week, though “member services specialists” will be available on a limited basis initially — on Thursdays from 4 p.m. to 7 p.m. and Saturdays from 9 a.m. to noon, or by appointment.

TD Bank’s plan was to merge its Orange location with its branch at 2156 Main St. in Athol. Lisa Sawicki, a spokeswoman for TD Bank, said the decision was based on various factors, including customer traffic patterns and store transaction volumes. She said the decision “is in line with our commitment to grow locations and services in the way that will create the best experience for the approximately 8 million TD Bank customers from Maine to Florida.” She said no layoffs are planned.

Last month, Workers Credit Union, the only other banking institution in town, saw a spike in new accounts since TD Bank announced its plans.

You can reach Domenic Poli at: dpoli@recorder.com or 413-772-0261, ext. 258. On Twitter:@DomenicPoli




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