Meridian Trust breaks ground for new Cheyenne branch

By  | 

CHEYENNE, Wyo. (Wyoming News Now) -- While COVID-19 has wreaked havoc on the Cheyenne economy, businesses are still popping up and persevering.

One such instance is Meridian Trust Federal Credit Union, which held a groundbreaking ceremony to celebrate the construction of their third and latest branch in the city.

"We think that, even in times of crisis, credit unions can be a great benefit and help the members and help the community," says Mike Abel, the chairman for Meridian Trust's board of directors.

Abel says that, after much consideration, the company found the lot in front of Lowe's off of Prarie Ave. to be the perfect place to set up their new branch, as they're seeking to better serve the residents of northern Cheyenne.

"We like the location here that we've chosen because it's on a major street, and it's got good access to the rest of North Cheyenne, and we feel that it would be a good business location," he says.

The new branch will have six-to-seven employees upon opening, bringing more jobs to Cheyenne and helping to bolster the recovering economy.

Construction of the new branch is expected be finished by the end of the year.