Credit union opens headquarters and branch in the building near Braddock Road underground station
Released
October 14, 2021
from
Katherine Schulte
From left: Justin Wilson, Alexandria City Mayor, USSFCU Chairman Jay Moore, USSFCU Board Meeting and Guest of Honor Bertie H. Bowman, and USSFCU President and CEO Timothy L. Anderson
The U.S. Senate Federal Credit Union (USSFCU) celebrated an opening ceremony for its corporate headquarters and retail facility at Braddock Station in Alexandria on Wednesday.
In 2018, the USSFCU selected 1310 Braddock Place, which was previously the headquarters of National Industries for the Blind. The new Bowman Branch on the first floor replaces the credit union location on Eisenhower Avenue. It was opened to the public on Tuesday. The credit union’s headquarters were also on Eisenhower Avenue, but in a different building.
When the USSFCU was founded in 1935, its headquarters were in the basement of the Russell Senate Office Building. It moved to the Hart Senate Office Building in 1983, then to a stand-alone facility in Alexandria in the 1990s.
The USSFCU named the building after Bertie H. Bowman, its longest-serving board member. Bowman served on the board for 46 years, including two terms as chairman. Bowman also served the U.S. Senate for more than 65 years. Under his leadership, the union rose from a few million assets to more than $ 1 billion, according to a press release.
“We are celebrating an incredibly significant time in the history of the USSFCU,” said Tim Anderson, President and CEO of the USSFCU, in a statement. “Our mission is to improve the financial wellbeing of our members by integrating sustainability, security and service into every solution. This purpose is physically embodied in our new home. “
USSFCU serves the US Senate and Capitol Hill boroughs. It has $ 1.2 billion in net worth.