Marina, CA – October 1, 2024 - Bay Federal Credit Union is excited to announce the upcoming opening of its newest branch at the Promenade at the Dunes in Marina. Slated for completion by June 2025, this will be the Credit Union’s 8th branch, marking an important expansion into the growing and vibrant Marina community.

Located at the gateway to the Promenade at the Dunes in Building G, adjacent to the specialty grocer Trader Joe’s anchoring the retail center, the 1,750-square-foot branch will offer a full suite of personal and business banking services, including account openings, loan consultations, and financial services. The new branch will also feature a 24-hour ATM with exterior access for added convenience.

“We are thrilled to bring Bay Federal’s unique brand of community-focused banking to Marina,” said Carrie L. Birkhofer, President and CEO of Bay Federal Credit Union. “The Promenade at the Dunes is the perfect location for us to expand our services, offering both convenience and a welcoming space for our members. We look forward to becoming an integral part of the Marina community.”

The Promenade at the Dunes is a dynamic hub that includes a mix of residential, retail, and entertainment spaces. Bay Federal’s new location aligns with the development’s emphasis on community engagement and sustainability, which mirrors the Credit Union’s mission to foster long-term relationships and provide meaningful support to local communities.

Branch Highlights:

· Location: Building G at the Promenade at the Dunes, adjacent to Trader Joe’s.

· Size: 1,750 square feet.

· Services: Personal and business banking, loan consultations, and financial services.

· ATM: 24-hour access, exterior location, and easy-to-find near the main entrance.

Bay Federal is also known for its commitment to sustainability and community involvement, regularly supporting initiatives like the Monterey Bay National Marine Sanctuary Foundation. The new branch will continue this tradition by offering convenient access to banking services and fostering strong connections with Marina residents and businesses.

Construction is set to begin by the end of the year, and Bay Federal looks forward to hosting a grand opening celebration for the Marina community in mid-2025.

About Bay Federal Credit Union

Bay Federal Credit Union is a full-service, not-for-profit financial institution that serves over 86,000 members and 2,400 local businesses throughout Santa Cruz, San Benito, and Monterey counties. With more than $1.6 billion in assets, Bay Federal is the largest member-owned financial institution in the region. The organization has been proudly serving its members and the community since 1957. Bay Federal is a certified Community Development Financial Institution, with a primary mission of promoting community development alongside their financial activities. Bay Federal has an award-winning employee volunteer

program in which employees have given their own money and volunteer for numerous local schools, nonprofit organizations, and community events each year.

About Promenade at the Dunes

The Promenade at the Dunes is a vibrant mixed-use retail and residential center located in Marina, California. Designed as a central hub for both locals and visitors, the Promenade offers a variety of shopping, dining, and entertainment experiences. With its pedestrian-friendly streets, open gathering spaces, and proximity to the stunning Monterey Bay coastline, the Promenade provides an ideal environment for community connection. Anchored by specialty grocer Trader Joe’s and featuring a dynamic mix of national and local retailers, the Promenade also offers contemporary residential living options, making it a unique and thriving destination within the Monterey Bay area. For more information, visit www.thedunespromenade.com.

Media Contacts: Amy Ivey, SVP, Chief Marketing Officer Bay Federal Credit Union 831-477-8409 aivey@bayfed.com

Leigh-Ann Anderson Promenade at the Dunes Gauger Associates (310) 990-5752 landerson@gauger-associates.com