FAYETTEVILLE – JUNE 1, 2021 – Bragg Mutual Federal Credit Union cut the ribbon this month at its new location inside Cape Fear Valley Medical Center, and they also cut a $25,000 check to Cape Fear Valley Health Foundation’s Caring for the Future campaign.
The credit union, which recently opened a new branch located inside the hospital, held a ribbon cutting and check presentation ceremony on March 21. Membership to the credit union is offered as a benefit to all Cape Fear Valley Health employees.
The Caring for the Future campaign is funding the construction of the five-story, 120,000-square-foot Center for Medical Education and Research, which broke ground Jan. 14. The project’s steel beams began garnering attention last month when the first half of the tall building began to take shape.
“We’ve been working toward bringing this benefit to our employees for a long time, and we’re very excited to welcome them to the medical center, and for their donation to the Caring for the Future campaign,” said Cape Fear Valley Health CEO Michael Nagowski. “When it’s finished, the Center for Medical Education and Research will be just a few short steps away from this office.”
Nagowski, along with Bragg Mutual President and CEO Steve Foley, Branch Manager Angela Jacobs, and other credit union representatives, cut the ribbon to officially open the branch.
“This is the home of our largest employee group, and we are happy to open the branch for these members,” said Bragg Mutual President and CEO Steve Foley. “We are proud to be located on the first floor of the North Tower offering banking services to both employees and visitors of the hospital.”
Bragg Mutual is the fourth oldest Federal Credit Union in North Carolina. It has served the region since its first branch opened for civilian employees on Fort Bragg in 1952.
The Center for Medical Education and Research will be able to train up to 300 residents each year, which will more than double the size of the current residency program. The center is a partnership with Campbell University’s Jerry M. Wallace School of Osteopathic Medicine. Also housed in the facility will be the Neuroscience Institute, which will help diagnose, treat, and research disorders such as strokes, brain tumors and traumatic brain injuries.