The ribbon has been cut on the sixth and newest branch of the Southern Chautauqua Federal Credit Union (SCFCU). A ceremony was held Tuesday morning at the new location at 811 North Main Street in the former Rite-Aid building in Jamestown. CEO John Felton, said they're pleased to be open after several renovations were done to the building. Felton says the original operation was out of his parents' home, and, they later merged with the Lingenfelter family to form what is now SCFCU...
John Felton: how SCFCU formed
CHQ Chamber hosted the ribbon-cutting ceremony. Its President and CEO, Dan Heitzenrater, congratulated Felton and his team on the $3.2 million project...
Dan Heitzenrater: breathing new life
Felton says when Rite-Aid looked to sell the building, they couldn't afford it. However... he says he received a call from the city's Department of Development, telling him the building was going up for auction. That allowed them to purchase the building for a third of the original asking price. Several dignitaries, including Jamestown Mayor Kim Ecklund and County Executive P.J. Wendel, delivered remarks and commendations.
