COLUMBUS, Ind.–Credit unions in Indiana, California and Massachusetts have all announced new headquarters-related building projects.
Centra Credit Union has broken ground on a new corporate headquarters, Mission FCU has completely redesigned its space, and Workers Credit Union is set to begin a renovation of its space.
Centra Credit Union held a ceremonial groundbreaking for its new $18.5-million headquarters on the west side of Columbus, on the same site as its current building. The new 55,000-square-foot building will be three stories tall and stand on a five-acre lot the CU already owned.
Centra said it needs the new building to accommodate growth and consolidate some of the backoffice operations now located in different facilities.
Centra President and CEO Rick Silvers said that Centra has a strong history in Columbus.
“It’s very fitting our new headquarters will remain here in central Indiana where we were founded more than 78 years ago,” said President and CEO Rick Silvers. The credit was founded to serve employees of Cummins.
Three Key Elements
According to Silvers, the RATIO design chosen for Centra symbolically captures three key elements for the company, which are:
- A strong foundation: Indiana limestone will be used for the main floor and partial basement
- Transparency: Windows all along the second and third floors will allow people to look into the headquarters and employees to view the outside
- Aspirational: Reflecting the company’s growth
The project is expected to be completed in spring 2020 and will house about 160 employees. Centra CU said it has not yet decided what it will do with its former building.
The $1.4-billion Centra Credit Union has approximately 120,000 members.
A ‘Vibrant New Look’
Separately, in San Diego, Mission Federal Credit Union's new headquarters has what it is calling a “vibrant new look.” Designed by ID Studios, the enhanced space boasts an abundance of amenities for its employees, according to Mission FCU, following the repurposing of two buildings of the three-building campus.
The newly remodeled buildings feature new interior improvements, including a full-scale commercial kitchen and cafeteria dining space and a 3,000-square-foot fitness center that opens into an outdoor exercise space with a stand-alone TRX unit. Throughout each building on every floor are breakout and collaborative meeting spaces as well as private conference rooms, Mission FCU said. Building lobbies include custom wood paneling and living green walls up the central stairs reaching over 20' tall.
"This is a Mission Fed Moment for all of us," said Debra Schwartz, president and CEO of Mission Federal Credit Union, in a statement. "It means a new, combined home for our Oberlin and Thornmint employees, and a new home base for our volunteer board of directors and branch staff who will be coming here for meetings and training."
‘Custom Finishes’
According to Mission Federal, Building 1 common areas include a state-of-the-art large multipurpose room with a 140-person capacity and a moveable wall divider to separate the room in half for special training events. “This space also includes multiple conference rooms, seating areas, and a hospitality area with custom wood finishes throughout. The executive offices located in Building 1 include a large executive conference room with private catering services, private bathrooms, and custom finishes throughout,” the credit union said. “Building 1 also includes a state-of-the-art video production area with separate editing and sound booths, additional training rooms, facilities and storage space, multiple private offices, open offices, break areas, wellness rooms, and conference rooms. A white noise system was installed to cancel out sound in the space to avoid distracting noises for the Mission Fed staff.”
The credit union said Building 2 houses open office, private offices, collaboration spaces, break hubs, conference rooms and a fitness center. It overlooks a wooded area with a natural pond and numerous walking trails, it added.
“The extensive exterior enhancements include improvements to landscaping, a new outdoor amenities space with outdoor dining and BBQ facilities, three shade structures, and outdoor games where employees can take a break for lunch or collaborative meetings,” Mission Federal said. “Outdoor space is fully lighted and covered with Wi-Fi service.”
The $3.6-billion Mission FCU has approximately 240,000 members.
Workers CU Renovating
In Massachusetts, Workers Credit Union is renovating its existing 44,000-square-foot structure and also adding another 16,000 square feet of Class A space. Amenities will include a conference room, café, outdoor dining patio and a fitness center.