The Erie School District financial crisis caused a local elementary school to close.
Now, after years of vacancy, it will see new life and some good news for tax payers.
The former Glenwood Elementary School has been vacant since 2012 and has been a tax-exempt building since the 1950s, now Erie Federal Credit Union is moving in, bringing some good news to the city of Erie.
After nearly 60 years of educating students, the Erie School District closed Glenwood Elementary in 2012.
Then, after three years of sitting vacant, Erie Federal Credit Union broke ground on the property for it to become its new headquarters and a credit union branch.
The credit union will keep the structure of the elementary school.
Erie Federal Credit Union CEO Brian Waugaman said they have outgrown the current headquarters, 1109 E. 38th St., and are looking forward to having more space.
“We are excited to get into that neighborhood,” Waugaman said. “Of course just bring something back to the area. There is so much leaving Erie, we wanted to be able to bring something back, which is what we are doing with this project.”
The building is expected to be completed in May 2017.
The new building will be in addition to the credit union’s 10 branches.