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Loudoun Credit Union Celebrated New Leesburg Location with Ribbon Cutting on Friday, October 8, 2010

From the Town of Leesburg, VA (October 12, 2010) – At 10:00 a.m., on Friday, October 8, 2010, Town of Leesburg officials held a ribbon cutting ceremony for Loudoun Credit Union’s new Leesburg location at 803 Sycolin Road SE.  Mayor Kristen C. Umstattd officiated.

Loudoun Credit Union moved its main office to 803 Sycolin Road SE in Leesburg on October 4, 2010.  At this new location, the credit union will open at 8:00 a.m. to better serve commuters on their way to work. 

“This move was strategically planned to better serve the majority of members that are employed by our sponsor groups: Loudoun County Government, Loudoun County Public Schools, Loudoun Water, Inova Loudoun Hospital and the employees of the various towns in Loudoun County,” said CEO Tammy Ellis. “The credit union also serves the students of Loudoun County Public Schools and is an active business partner to 14 elementary schools.”

Halloween Candy Buy Back

Family First Dental Center is hosting an event on November 1st to buy back Halloween candy from local kids to send to soliders abroad. There will be prizes from many Leesburg businesses given out as well.

Family First Dental Center is located at 230 For Evans Road NE, Leesburg, VA. For more details about the event you can call 703-777-1515.

 

King Street Coffee Ribbon Cutting Ceremony Scheduled for Friday, October 1, 2010

From the Town of Leesburg, VA – At 5:30 pm, on Friday, October 1, 2010, Town of Leesburg officials will hold a ribbon cutting ceremony for King Street Coffee, located at 110 South King Street in historic downtown Leesburg.  Mayor Umstattd will be officiating.

King Street Coffee is located at the corner of South King Street and Royal Street SE, one block from the W&OD Trail, with an adjacent parking lot in the rear. Their menu features locally roasted beans as well as brewed coffee, favorite espresso drinks, gourmet tea, other iced cold beverages and freshly baked treats.  Visitors can linger in the indoor seating area or enjoy the front porch or garden seating.

Owner Kimberly Nevin and her husband Tom recently relocated to Loudoun County, bringing with them years of experience in the hospitality industry.

REHAU Polymer Solutions Center Groundbreaking Ceremony Scheduled for Thursday, September 30, 2010

From the Town of Leesburg, VA – At 5:00 pm, on Thursday, September 30, 2010, REHAU will hold a groundbreaking ceremony for their new Polymer Solutions Center, which will be located on the campus of their North American headquarters at 1501 Edwards Ferry Road NE in Leesburg.

“As the North American market continues to be focused toward sustainable building practices that deliver on energy efficiency, ecologically-minded material use and renewable energy sourcing, we are committed to helping our customers, partners and community members understand how best to proceed in this regard,” said Dr. Kathleen Saylor, chief executive officer for REHAU North America. “As part of this goal, we have designed the REHAU Polymer Solutions Center as a structure in which all of our sustainable building technologies can be seen ‘in action’, operating in an integrated fashion as harmonious, whole-building solutions.”

Capital One credit card charge-offs increase

Local credit giant Capital One (based in McLean, VA) has stated that its rate of uncollectible credit card balances increased in the third quarter. Initially, it seemed that consumers were showing progress in paying credit card bills, but with the rate of unemployment continuing to climb, consumers are concentrating on major bill payments such as mortgage and automobile payments.

Charge offs for Capital One have increased from $366.8 million to 368 million continuing to show that consumers are still under stress and enduring financial hardships. It has been noted that while consumers are attempting to make payments on their credit card debt, they are still delinquent in their payments.

It has been found that consumers are using credit cards for basic needs such as groceries, gas and prescription drug purchases. In addition, most consumers are carrying at least $10,000 in credit card debt and have at least 5 credit cards.

Groundbreaking Ceremony for Cobb Theatres in Village at Leesburg Scheduled for Monday, September 27

Alabama-based entertainment company anticipates Summer 2011 opening