New Hartford, NY – First Source Federal Credit Union has begun the groundwork for a beautiful new branch in Herkimer, slated for completion in mid-2026. 

With a presence of over 30 years in Herkimer at 510 West State Street, First Source is thrilled to announce a larger and more modern branch to be built right next door. 

“Originally, when this branch was built in 1992 it was to be a temporary solution with a larger and more functional branch to follow soon after,” said Heather Padula, First Source VP of Deposit Operations. “But the branch sustained and remained a steadfast part of our network and organization serving Herkimer for 33 years as one of our busiest locations. As we look at upgrading our current facilities and expanding with new ones, it was Herkimer’s time.” 

With a commitment to Herkimer County, First Source has reaffirmed their support of, and investment in, the area. The new branch will have a more modern feel with self-serve, assisted, and full-service delivery channels offering members flexibility, convenience, and personalized service. The free-standing Interactive ATMs (ITMs) located behind the branch will remain where they are. 

“We can’t thank our Employees, Members, and the Town of Herkimer enough for their support as we continue to evolve and give back to an area we love,” said John Calabrese First Source President/CEO. “This significant investment honors our commitment to our organizational mission; to improve the quality of life of our Employees, our Members, and the Communities that we serve.” 

First Source Employees, Board Members, Town Officials, Representatives from NewGround International, and Smajic Construction were on site to commemorate the groundbreaking. For more information, please contact Katie Ullman at kullman@fsource.org or 315-753-8571. 

About First Source: First Source Federal Credit Union is a full-service financial institution, with savings, loan and insurance solutions, serving Members and our community since 1938. Originally founded as Utica Teachers Federal Credit Union, the name changed to First Source in 1992 to better reflect our broad and diverse membership. First Source provides financial solutions with a personal approach to each Member, building meaningful relationships in order to help Members afford each stage of their life. First Source strives to help Members make smart financial decisions and help our community grow and thrive. We serve over 60,000 Members with current branches in New Hartford, Washington Mills, South Utica, North Utica, Herkimer, and Rome; a Member Care Center, and Online & Mobile banking. Our members have access to First Source Interactive ATMs as well as over 30,000 nationwide surcharge-free ATMs. Connect with First Source and learn more at fsource.org, through Instagram, LinkedIn, Facebook, or X. #####