Truliant Postponing HQ Rezoning Request for 30-Days
Release date: 7/3/2019
WINSTON-SALEM, N.C. (July 3, 2019) – To accommodate the request of neighboring homeowners and gain a clearer understanding of traffic issues, Truliant Federal Credit Union announced plans on Wednesday to continue a rezoning request that includes a long-term master plan for its existing corporate headquarters.
The credit union asked for a 30-day continuance from its initial July 11 City-County Planning Board meeting to continue working with neighbors and respond to additional inquiries.
Truliant recently began proceedings with the City of Winston-Salem to prepare for future growth. If the rezoning request is approved, Truliant would purchase an adjacent lot and add a new 83,750 square foot facility. It would also build a 38,000 square foot addition to its existing headquarters that is already approved as part of its current site plans. Both could be built within the next 10 years.
The credit union currently has 435 employees at its Truliant Way headquarters. The long-term rezoning plan would support an additional 450 employees. Truliant intends to invest more than $40 million dollars on the new expansion.
Truliant has met on five occasions with area neighborhood associations and will continue to work toward reasonable solutions. The key concern continues to be existing traffic issues along Burke Mill Road. Truliant’s zoning request includes an employee-only private entry gate onto Burke Mill Road with no public or customer traffic or access allowed.
“We are working diligently with home-owners and neighbors along Burke Mill Road through a series of community meetings to find solutions that are in each of our mutual best interests. It is very important to us that residents in the area have all of the facts and the opportunity to ask questions. A 30-day continuance will provide additional time for us to ensure that the community’s best interests are addressed,” said Chad Frye, vice president of facilities and administrative services.
Truliant has grown significantly in recent years. In the last five years it has added more than 50,000 members and 15 new locations, for a total of 33 branches. Truliant employs more than 700 associates. It recently announced plans to retrofit a shopping center near its headquarters that has been vacant for several years.
“Our credit union needs room to expand and wants to expand here. Truliant was founded in Winston-Salem in 1952 and has been a good neighbor since moving our headquarters to this location in 2005. Our long-term plan brings several desirable economic benefits to our city and region,” said Truliant President Todd Hall.
“Truliant is an important stakeholder in Winston-Salem and we want to ensure that we’re part of the long-term solution for the future of its development. Additionally, we want to help protect this community from the types of development that would not be beneficial to residents, our employees and our members.”
About Truliant Federal Credit Union
Truliant is a mission-driven, not-for-profit financial institution that promises to always have its member-owners’ best interest at heart by improving their lives through providing financial guidance and affordable financial services. Truliant was chartered in 1952 and now serves more than 240,000 members. Truliant currently has 33 Member Financial Centers in North Carolina, South Carolina and Virginia.
FOR MORE INFORMATION
Contact: Heath Combs
(o) 336.293.2054 (c) 336.442.5736