More than 300 residents each year will take advantage of the Center for Medical Education and Research, which recently conducted a ribbon cutting ceremony.

The new center, which is a partnership with Campbell University’s Jerry M. Wallace School of Osteopathic Medicine, will more than double the size of the existing residency program.

“We’ve been working toward bringing this benefit to our employees for a long time, and we’re very excited to welcome them to the medical center, and for their donation to the Caring for the Future campaign,” said Michael Nagowski, Cape Fear Valley Health CEO.  “When it’s finished, the Center for Medical Education and Research will be just a few short steps away from this office.”

According to a statement released to local news outlets, the facility also will house the Neuroscience Institute, which will help diagnose, treat, and research disorders such as strokes, brain tumors and traumatic brain injuries.

The Caring for the Future campaign is funding the construction of the five-story, 120,000-square-foot center, which broke ground Jan. 14

In March, the credit union celebrated its opening with a check presentation ceremony, which marked the benefit to all Cape Fear Valley Health employees.

“This is the home of our largest employee group, and we are happy to open the branch for these members,” said Steve Foley, Bragg Mutual President and CEO. “We are proud to be located on the first floor of the North Tower offering banking services to both employees and visitors of the hospital.”

Serving the region since its first branch opened for civilian employees on Fort Bragg in 1952, Bragg Mutual is the fourth oldest Federal Credit Union in North Carolina.

Cape Fear Valley Health is a 950-bed health system serving a region of more than 800,000 people in Southeastern North Carolina. The not-for-profit system includes 7,000 team members and 850 physicians, eight hospitals, and more than 60 primary care and specialty clinics.