MidWest America FCU Branch Cites GE's Departure As Reason To Close

By Eric Dutkiewicz - 21Alive

MidWest Federal Credit Union, 1021 Swinney Ave.

May 20, 2014 Updated May 21, 2014 at 2:23 PM EST

FORT WAYNE, Ind. (21Alive) - In a side effect of General Electric's departure from Fort Wayne, a local bank branch is closing its door next month.

The MidWest America Federal Credit Union Branch, 1021 Swinney Ave., will close June 25.

In a statement published on the MidWest America Federal Credit Union website, the closing of the Swinney Avenue branch is a result a reduction of workforce in the Broadway area. The statement says BAE System's move to a new facility at Airport Expressway & Ardmore Avenue also was a significant blow to business.

"The number of transactions has steadily declined in the last 3 years and it is no longer feasible to operate a branch at this location," the notice reads.

MidWest America Federal Credit Union will keep the 24-hour ATM open, and is promoting members to use who regularly use the Swinney Avenue branch to use nearby branches at 4331 W. Jefferson Blvd. and 6001 Bluffton Rd.

The Swinney Avenue branch opened in 1969.




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