Capitola, CA – November 21, 2019 - Bay Federal Credit Union and the Salinas Valley Chamber of Commerce hosted a special ribbon cutting event and networking mixer to commemorate the opening of the Credit Union’s location in Downtown Salinas.
The event marked the culmination of a journey that began in September 2018 when Coast-Tel Federal Credit Union and Bay Federal Credit Union announced an intention to merge. After the merger was approved and completed, the location at 356 Main St in Salinas was converted into a branch of Bay Federal.
“We couldn’t be more thrilled to be here in Salinas,” said Carrie Birkhofer, President and CEO of Bay Federal.” One of the core values of Bay Federal is giving back to the communities we serve. We are excited to partner with the Chamber and other non-profits as we strive to continue the impact started by Coast-Tel Federal Credit Union in making a real difference in the financial lives of the people of the Salinas Valley.”
About Bay Federal Credit Union
Bay Federal is a full-service, not-for-profit financial institution that serves nearly 77,000 members and 1,200 local businesses throughout Santa Cruz, San Benito, and Monterey counties. With more than $1 billion in assets, Bay Federal Credit Union is the largest member-owned financial institution in Santa Cruz County, serving its members and the community since 1957. Bay Federal Credit Union has an award-winning employee volunteer program in which employees have given their own money and volunteer for numerous local schools, nonprofit organizations, and community events each year.
Contact: Amy Ivey, VP Marketing and Development
Bay Federal Credit Union
Bay Federal Credit Union President and CEO, Carrie Birkhofer, (center); representatives of the Salinas Valley Chamber of Commerce; and Bay Federal employees and guests celebrate the ribbon cutting of the new Bay Federal Salinas location on Thursday, November 14.