Saturday, September 8, 2018

Two CUs Spend Big on Office Buildings

Suncoast Credit Union (Tampa, FL) built a new administrative building with the goal of net zero power consumption.

The 3-story, 101,000-square-foot building has an estimated price tag of $28 million.

According to the Business Observer, the building has more than 1,200 photovoltaic panels on the roof.

Read the story.

Capital Credit Union (Green Bay, WI) paid $6 million for a four-story, 69,700-square-foot office building in Ashwaubenon, Wisconsin.

The $1.4 billion credit union plans to move its information technology, mortgage, training and member services departments into the building.

The credit union will open a branch on the first floor.

Read the story.

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