It’s difficult to talk about 2020 without bringing up COVID-19, but I’m going to attempt to do just that. Despite the obvious challenges brought on by the pandemic, Wasatch Peaks has continued to grow and provide critical financial services to our members this year. We have loaned out more money to our members this year than ever before. We have also taken in more member deposits than any year in our history, as members look for safety and soundness during these uncertain times. The assets of the credit union have grown to more than $400 million and we are grateful for the trust you place in us.
Another exciting thing going on here at the credit union is the construction of our sixth full-service branch located in Plain City. Construction started on this branch, located in the Kent’s shopping development on 2600 North, in June and we are planning on a mid-December opening. We are excited to be part of the Plain City community and look forward to better serving our members living in Weber County’s fastest growing city. This branch joins our other five branches, located in Pleasant View, West Haven, Ogden, and Roy, and will help us provide more convenience for our members throughout all of Weber County.
If you drive by our corporate offices on 4723 Harrison, you will also notice some construction going on at the old Carl’s Jr located just south of us. We purchased that building earlier this year, after Carl’s Jr closed, and are currently renovating it to be a state-of-the-art Operations Center that will be the new home for our member services department. Our member service center agents handle thousands of phone calls each month and this new office will help them provide more and better services to our members over the phone. This building, affectionately known as Corporate Jr., will be completed in October.
We are excited for these two new buildings to come online and look forward to continuing to find ways to grow and improve Wasatch Peaks for you, our members.