We are happy to share that our City Council voted 7-1 to approve Truliant Federal Credit Union’s request to double the size of their campus. Truliant is a homegrown success story. Founded here in 1952, Truliant has more than doubled in size over the last 15 years to $2.5 billion in assets, added more than 50,000 members, 13 new locations, and has 30+ branches in the Carolinas and Virginia. That success means they were going to outgrow their existing headquarters here in Winston Salem. This rezoning request was part of their long-term plans to address growth and their commitment to this region.
The impact of this good news cannot be understated. The $40 million phased build-out of their corporate campus will take place over ten years, add 450 high-paying jobs, and will allow the capacity to support nearly 1,000 jobs. Additionally, the project will come with traffic mitigators to positively impact traffic flow on Burke Mill Road. These mitigators include a traffic signal that will allow residents safer access in and out of their neighborhoods and a back entrance to the Truliant campus for employees that will help intersections perform better.
Our mission is to provide and advocate for a favorable environment for businesses of all sizes. In that, we embrace the idea of continuous improvement and are never satisfied with the status quo. We are happy that our City Council approved this request and we are grateful that a local organization can operate, thrive, and grow in our community.