Community 1st Credit Union Announces Groundbreaking Ceremony For New Corporate Center Building Project
OTTUMWA, IA – Community 1st Credit Union will host a groundbreaking ceremony on Tuesday, Aug. 7 at 11 a.m. for a 24,000-square-foot Corporate Center to be located at 900 Hutchinson Ave. in northeast Ottumwa.
The building project will provide office space, conference rooms and training facilities for approximately 75 administration and support employees with growth capacity for an additional 25.
Construction work will begin this month with a planned July 2019 completion date. Russell, a Davenport, Iowa commercial construction company, is the general contractor.
“Community1st is extremely pleased to begin construction on our new corporate headquarters,” said President and CEO Greg Hanshaw. “This facility will allow us to consolidate multiple departments under one roof, creating significantly more efficiency and collaboration. Most of all, Ottumwa is our home and this project solidifies our commitment to serving the community and surrounding area.”
The single story, unique-design, curved structure will feature parking space for 130 vehicles and convenient accessibility to the four-lane, Ottumwa bypass.
Russell is a 35-year-old company with nationwide project experience featuring a range of building types and markets. Their project markets include healthcare, manufacturing and industrial, financial, education, senior housing, public and government, and retail.
“Russell is pleased to be a member of the project team that has designed a signature building solution for Community 1st Credit Union,” said Russell vice-president John Daly. “The unique design reflects C1st’s forward-thinking leadership and long-term commitment to Ottumwa.”
Among the company’s projects are River Hills Community Health Center in Ottumwa, Figge Art Museum in Davenport, the Davenport Skybridge, Coe College Eby Fieldhouse and Recreation Complex in Cedar Rapids, Deere and Company multiple locations, Knoxville Hospital and Clinics and multiple locations of Walgreens and Von Maur stores.
Community 1st Credit Union is a not-for-profit financial cooperative with more than $630 million in assets. The credit union, established in 1936, serves more than 59,000 members.C1st has more than 230 employees and is headquartered in Ottumwa. The credit union has branches in Albia, Bloomfield, Cedar Rapids, Centerville, Chariton, Fairfield, Grinnell, Indianola, Knoxville, Mount Pleasant, Oskaloosa, Ottumwa, Pella and Washington.
For more information, call 866-360-5370 or visit c1stcu.com.