TULSA, Okla. — Hoping to be more visible to businesses interested in setting up shop on a bustling stretch of State Highway 75 here, Tulsa Federal Employees Credit Union has paid $3.38 million for 7.89 acres along one of the highway's busiest intersection.
Tulsa Federal President/CEO Phil Hart said the $400 million credit union will use two acres to sell space to businesses in the area in addition to building a 4,000-square foot branch.
Over the course of 2008, a Target and Wal-Mart are scheduled to open nearby on a 725,000-square-foot shopping area at 71st Street and Highway 75 and a 260,000-square-foot area of the Southwest Crossroads project going up at 121st and Highway 75 in Glenpool.
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Hart said the credit union branch will be convenient for members who want easy access back to the main road after they are finished conducting transactions.
Tulsa Federal serves more than 55,000 members.
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