"It's a real success story for the City of Cornwall," said Mayor Leslie O'Shaughnessy to a standing-room only crowd at the ribbon-cutting event on Tuesday (April 12).
The new branch is located in the Glengarry Square commercial plaza on Second Street, adjacent to the LCBO. The east-end location joins the original branch at 321 Second Street West, and a new kiosk in the Cornwall Community Hospital.
These expansions have helped the company add three full time positions in Cornwall. In total, Y.C.U. locally employs 23 part-time and full-time staff.
“This is another milestone in Your Credit Union's history in the city – from where we started 63 years ago, we've come a long a way,” said Doug MacMillan, director of retail services at Y.C.U. "As Cornwall grows, Your Credit Union will be there to support local individuals, families and companies."
The new branch is open Monday to Wednesday, from 9 a.m. to 4 p.m. and Thursday and Friday from 9 a.m. to 6:30 p.m.
"With staffing, I think we're going to keep growing. At some point we're going to be challenged, and we'll open up a second floor on Second Street West," said Y.C.U. CEO Joel Lalonde.
In 2012, Y.C.U. completed a $1-million facelift to its downtown Cornwall headquarters at 321 Second Street West.
"There's so much pride linked to that site," said Lalonde.
Y.C.U. has been a fixture in Cornwall for over 60 years, originally starting out as the Howard Smith Credit Union serving employees of the former Domtar paper mill. Since that time, the credit unions for employees of the City of Cornwall and the two former hospitals have joined Y.C.U.
Y.C.U. offers a variety of financial products and services for members residing throughout Cornwall, Ottawa and Eastern Ontario.
- With files from CHOOSECORNWALL.CA