ANCHORAGE, Alaska – In a move designed to not only provide much needed space but also promote efficiency, Credit Union 1 has announced plans to start building a new five-story headquarters here. To be built by Boslough Construction Inc. and designed by RIM Architects, the 54,000 square-foot building will include a four-lane drive-up, 24-hour ATM and other state-of-the-art technology. In addition, the new facility will house a certified childcare facility and all administrative offices, which are currently split between two branches. Construction on the new facility will begin in May.
The equity distribution was the second since the Temporary Corporate Credit Union Stabilization Fund was merged with the SIF.
The drop suggests the housing market is still struggling as buyers strain to find affordable options.
PSCU also announced that almost 50% of its employees completed training on the significance of the credit union movement.
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