Two financial institutions plan new locations in the Roanoke Valley next year.
Bank of Botetourt plans to establish a branch at 3232 Electric Road in Springwood Park, a Cave Spring strip mall. Following renovations to an existing building, the branch will absorb a limited-service Bank of Botetourt office already in the center. The Buchanan-based bank has 12 locations now.
Meanwhile, Member One Federal Credit Union announced a branch in Daleville Town Center. Member One is Roanoke-based and has 13 current locations.
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