On pace to double its asset base twice in the next decade and add 500 jobs by 2020, United Federal Credit Union announced plans to expand its headquarters to accommodate its growing workforce.
UFCU of St. Joseph, Mich., plans to expand its headquarters underscore the institution’s steady growth in recent years. UFCU, which planted its roots in Berrien Country in 1949, began as a branch within the walls of Whirlpool Corp.
The institution, which now manages assets in excess of $1.3 billion, has seen its member base grow approximately 5% in the past year. The larger headquarters will enable the company to streamline business functions, consolidate operations and comfortably accommodate current staff, as well as the more than 500 new hires it plans to add by 2020.
“We value our Midwestern roots and our history here in Berrien County,” said Gary Easterling, president/CEO of UFCU. “It is our intention to investigate all Michigan area options while we select the best site."
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
