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| Splash photo by Kelly Moore |
Construction at the STCU Liberty Lake headquarters continues on schedule. The $8 million project will update and expand the facility.
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STCU wraps first two phases of remodeling plan
6/15/2011 9:51:02 AM
By Kelly Moore
Splash Staff Writer
After breaking ground in January on an $8 million remodel and expansion of its Liberty Lake headquarters at 1620 N. Signal Drive, STCU is right on track with the project, wrapping up the first two of six phases this week, Facilities Manager Jack Cady said.
Phases one and two included a remodeling of a 26,000-square-foot space in the southwest wing, in front of a section of the building leased by Insight. The remodel allows STCU to expand into the previously vacant area.
STCU employees will move into the new space this week.
"The more efficient these people are, the happier and more comfortable and safe feeling, the better they're able to serve our (members)," Cady explained. "We outgrew our space, and we're just going to have more room to do our job."
Construction on the remaining phases should last through the year, going as late as March. When the project wraps, the updated facilities will have 19 conference rooms, a new online banking department, and updated furniture and fixtures throughout the 116,000-square-foot building. An emphasis on energy efficiency and updates to landscaping and parking are also components of the remodel.
STCU serves 95,000 members, but little in-person interaction happens at the secured headquarters with any of them. The Liberty Lake building houses 190 employees handling corporate management, lending, card services, a customer service call center and human resources. Company-wide, STCU employs 390 people across the headquarters and 14 branch locations in eastern Washington and north Idaho. Advertisement
"We bought this building in 1998 with the idea it would suit us for the next 20 years," Cady said. He went on to explain that the renovations for the building align with that plan, making room for the financial institution that has grown steadily since its founding by educators in 1934. Today, STCU is a member-owned, not-for-profit cooperative with $1.5 billion in assets.
In addition to the remodel, STCU is nearing completion of a three-year project to update its core computing system. The older system, with upgrades, has been in use since 1985.
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