Hoosier Hills Credit Union is set to expand into Perry County in the near future.
Company officials have announced plans to build a branch along Payne Street on the north side of Tell City. The branch will be across from Family Dollar.
Company president and CEO George McNichols says design work on the building is now underway. He says the company is excited to become part of Tell City and Perry County, something that will continue over the long-haul.
The new branch will offer a full range of financial services such as checking and savings accounts, but the main focus will be on mortgages and similar loans according to McNichols. Hoosier Hills also features a community charter, meaning that anyone who lives or works in Perry County will be able to be a member.
The new office is expected to open sometime late next summer or fall. Hoosier Hills is based in Bedford and has been in business since the 1960’s. The company boasts roughly 26 thousand members, 160 employees and about 425 million dollars in assets.
Other Hoosier Hills branches include Jasper, Chrisney, French Lick, Paoli, and Mitchell.