On April 13 the Merced School Employees Federal Credit Union (MSEFCU) held a ribbon cutting ceremony to celebrate the grand opening of their new, state-of-the-art facility in Los Banos.

The new 6,680 square foot credit union building is a far cry from the 900 square foot space the MSEFCU first occupied when it opened its doors in Los Banos back in 1993.

Over the years, the credit union had grown, moving into a larger 2,400 square foot building in 1997.

But now, after purchasing a vacant lot off South Mercy Springs Road in August 2022, the MSEFCU has a permanent home that truly reflects its evolution and commitment to serving the Los Banos community.

A modern facility with expanded services, the new MSEFCU building is equipped with all the modern amenities a credit union needs to provide exceptional service.

There are six teller stations, two drive-up windows, a walk-up ATM, and even a quick-change coin machine for members’ convenience.

The spacious 6,680 square foot layout also includes a large conference room and a silo to house the building’s HVAC system.

A vision realized by MSEFCU’s current Chairman, Terry Silva, was quick to credit the credit union’s  former Chairman and long-time board member, Mark Bodley, for his vision in establishing a credit union for the people of Los Banos.

It was under Bodley’s leadership that the MSEFCU first opened its doors in 1993, and his dedication to the community has now culminated into a new facility.

As the ribbon was cut and the doors opened to the public, the Merced School

Employees Federal Credit Union embarked on a new chapter, “Ready to continue providing exceptional financial services to the Los Banos area for years to come,” said credit union Marketing Director, Mary Robinson.

MSEFCU President and CEO, Nancy Devours, left, and Board Chair, Terry Silva cut the ribbon.
The Westside Express