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FSI, Navy Federal Open First In-Store Branch In Maryland Safeway

NFCU Grand Opening
NFCU Grand Opening

Last updated on June 13th, 2024 at 11:51 am

Financial Supermarkets Inc. (FSI) and Navy Federal Credit Union (NFCU), with $54 billion in assets, teamed up to open the credit union’s first retail branch Sept. 9 in Safeway’s Germantown store in Maryland.

“We are excited about the opportunity to partner with Safeway and FSI to increase member convenience in the Germantown area,” said Steve Romano, EVP of branch operations for NFCU. “We look forward to serving our members with longer hours, an in-store ATM and by offering Navy Federal’s outstanding products and services at this location. A big thanks to Safeway and FSI for making possible such an attractive and convenient in-store location.”

Navy joins an extensive network of financial institutions across the U.S. to begin offering in-store banking through a partnership with Financial Supermarkets Inc. of Cornelia, Ga. FSI introduced The Supermarket Bank concept in 1984 and has since been instrumental in establishing and consulting with retail facilities in nearly all 50 states.

“We are honored that the largest credit union in the United States has selected Financial Supermarkets Inc. as its in-store branching partner,” said Roy Bell, president and CEO of FSI. “NFCU’s entry into in-store branching is another signal of how leading financial services providers will remain connected to customers and members in an increasingly online world. Tomorrow’s most successful financial services providers will be those who find ways to give customers and members convenient, personal touch points the most efficiently. FSI is proud to be the leader in helping institutions successfully accomplish that goal.”

More information about FSI can be found at supermarketbank.com.


In the feature photo at top: Debbi Stamey, VP of branch operations, NFCU; Roy Bell, president and CEO, FSI; Kathy Custer, regional manager, NFCU; Steve Romano, EVP of branch operations, NFCU; Joy Erickson, branch manager, NFCU; and Ra’nise Cauldwell, assistant manager, NFCU.

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The Shelby Report delivers complete grocery news and supermarket insights nationwide through the distribution of five monthly regional print and digital editions. Serving the retail food trade since 1967, The Shelby Report is “Region Wise. Nationwide.”

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