ASHLAND, Ky. — Growth and convenience were the driving reasons behind Desco Federal Credit Union’s move to downtown Ashland.

A new building opened for business on Monday, with refreshments to welcome customers, Sharon Asbury, marketing director, said.

“(It) was more of a quiet opening or soft opening, although we were open with full services to the public and to our members, since the employees and equipment were moved from the branch on Armco Road to the new office at 1211 Carter Ave.,” Asbury said. The Ashland Alliance ribbon-cutting ceremony is scheduled for May 6.

The new building was needed, she said, because the business had grown.

“Our original branch was built about 15 years ago, and we soon outgrew that building and started looking for a more visible site with enough room for a larger facility,” she said, noting it took about 14 months, including a six- to eight-week delay because of the COVID-19 pandemic, to finish construction. The original building has been sold.

Mortgage Manager Tim Muffley said he’s happy to return to working in downtown Ashland. He joined Desco after having worked at different businesses in town for nearly 20 years.

“I’m excited were bringing this development to downtown Ashland,” Muffley said. “It’s much better access for the public at large.”

The new building and the growth of the business was an accomplishment, he said, especially given the delays because of COVID-19.