Credit union to open branch this summer

A regional credit union announced it will be opening a branch in Wrangell later this summer.

Tongass Federal Credit Union had expressed interest in opening a branch locally in October, sending its CEO to meet with residents and assess whether a branch would be desired.

In a press release, the Ketchikan-based financial institution announced its board of directors voted in favor of opening a branch office in Wrangell at its April meeting.

TFCU currently operates four branches

on three islands in southern Southeast, with its main office and loan center in Ketchikan

and branches in Metlakatla, Klawock and Thorne Bay. The new office in Wrangell

would be located on Front Street inside the Kadin Building. An opening date has not been set.