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Community Benefits: <br />The 2,490 square foot branch will benefit the City of Hugo in the following ways: <br />1. Will increase the real estate taxes on the site. <br />2. Construction of this development will provide jobs in the area. <br />3. Provide convenience for current Credit Union members and give a convenient <br />location for residents who wish to become members. <br />4. Provide jobs after construction to the residents of the area. <br /> <br />History: <br />Chartered by the State of Minnesota as Farmers Union Employees’ Credit Union, Heartland <br />Credit Union officially opened for business on January 3, 1939. Back in those days it took <br />just six or seven members to charter a credit union. W.S. Freeman, Joyce Hanson, J.L. <br />Kelly, Felix Mackey, Harvey Norby, Verne Robinson, and Adam Vierling each bought one <br />share for $5 at an organizational meeting held December 3, 1938. <br />We look forward to sharing our history with yours to provide a new and exciting retail <br />banking experience. In 2017 Heartland’s charter was expanded to serve anyone who lives, <br />works, worships, volunteers or attends school in Carver, Hennepin, Ramsey and <br />Washington counties. Today Heartland Credit Union serves over 10,000 members with <br />assets exceeding $110 million. Heartland Credit Union looks forward to adding to the history <br />of Hugo. <br />Sincerely, <br />Timothy J. Niemiec <br />Senior Architectural Designer <br />LaMACCHIA GROUP. LLC <br /> <br /> <br /> <br /> <br /> <br />