The $561 million, 68,500-member SAC Federal Credit Union has unveiled its plans for a new corporate headquarters in the Omaha suburb of Papillion, Neb.
SAC is expected to house 150 of its employees in the 90,000-square-foot, four-floor building when it opens sometime in 2014, the credit union said.
The credit union said it plans to invest about $20 million in the 10-acre site, which will feature a headquarters with natural lighting and fresh air, and open work areas and floor plans to facilitate the credit union’s collaborative work environment. A community room also will be included, as well as a first-floor branch with inside and outside ATMs.
“This site meets our current and our projected growth while also giving us tremendous visibility,” said Gail DeBoer, president/CEO of SAC FCU, which said it has nearly doubled in assets in the past six years as it pursued an aggressive growth strategy.
The current headquarters in Bellevue, Neb., has been in service since 1980 and other corporate departments are dispersed around the metro Omaha area.
“Having all of our corporate functions in one area will reduce our overall costs and improve our internal communications and member services,” DeBoer said. “That was our primary objective for the new building, to bring those teams all back under one roof.”
SAC FCU has 19 locations in Douglas, Sarpy, Cass, Washington and Saunders counties in Nebraska and Pottawattamie, Harrison, and Mills counties in Iowa. Two new branches are planned for 2012.
SAC FCU became a community charter in 1993, 45 years after it moved with the Strategic Air Command from Andrews Air Force Base in Maryland to Offutt AFB near Omaha.