Bank Being Built At Westborough's Former Friendly's

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The construction of St. Mary's Credit Union in Westborough is scheduled to be completed by mid-2013. Photo Credit: Jeff Nowak

WESTBOROUGH, Mass. — One of the two closed Westborough Friendly's locations slated to become a bank broke ground Tuesday.

The 97 Turnpike Road building was demolished earlier this month, making way for a new St. Mary's Credit Union location.

The opening will coincide with the 100th anniversary of the credit union, said bank representative Jim Petkwich

"We're excited to have part of the celebration be an opening in Westborough," Petkwich said during a presentation to the board of selectmen. "We think we have a beautiful building to put up there."

St. Mary's Credit Union also has locations in Marlborough, Hudson and Northborough. Construction is scheduled for completion in mid-2013.

“This site will allow us to better serve our members in both Westborough and Southborough,” said President and Chief Executive Officer John Caulfield in a news release. “It will also support our growth strategies by providing access to a thriving and growing market for retail and commercial business.”

Westborough's other Friendly's location, in the Walmart plaza at 303 Turnpike Road, was purchased by Berkshire Bank for $1.6 million in August, although no date for construction has been announced.

The Friendly's locations were closed after the company filed for Chapter 11 bankruptcy in 2011.

"That site is going to look great when it's done," Selectman George Barette said. "It's nice to have another banking option in town."

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