Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MADISON, Wis. – CUNA Credit Union, a $289-million institution based in Madison, Wisconsin, is benefiting from deciding to build its new headquarters on a site formally contaminated with hazardous and other waste, according to a local media outlet. According to The Capital Times, CUNA CU is planning to build on a three-acre site which is part of a larger parcel which had been designated a brown fields site. So-called brown fields’ sites are primarily former industrial sites with a history of environmental contamination. This contamination deems them difficult to clean and redevelop and in order to spur their redevelopment, the paper reported; developers of these areas are eligible for grants to help defray their costs. The developer of the CUNA CU site has been designated for one such grant of $300,000 and part of that grant will be used to develop the CUNA CU headquarters site. CUNA Credit Union CEO Kim Sponem told the paper that CUNA CU has seen its assets increase $210 million this year, and that the credit union plans to begin construction in 2005.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.