BRATTLEBORO, Vt. – River Valley CU announced it is going to close its branch at the Windham Regional Career Center, which it opened to provide financial education.
“We opened the office primarily to provide financial literacy to students,” said Jeff Morse, president of River Valley. “While the office provided a bit of convenience for a small number of members, it has not effectively fulfilled its social mission, and that is the element that the board and management deemed most important.”
The credit union board decided to close the branch because student participation was low last year, and the board did not think student participation would increase next year, said Morse.
Morse said the credit union was investigating the possibility of locating an ATM in the south end of town near the high school.