ITHACA — CFCU Community Credit Union plans to open its first office on the Ithaca Commons in the Bank Tower office building at 200–204 E. State St. in Ithaca early next year. The Ithaca–based credit union is calling the location a “transformation center,” which will include additional space for its administrative offices, according to an […]
ITHACA — CFCU Community Credit Union plans to open its first office on the Ithaca Commons in the Bank Tower office building at 200–204 E. State St. in Ithaca early next year.
The Ithaca–based credit union is calling the location a “transformation center,” which will include additional space for its administrative offices, according to an Aug. 8 news release.
McPherson Builders Inc. of Ithaca will serve as the general contractor for the fit-out of CFCU’s first Commons office. The credit union will occupy the entire first floor and a portion of the second floor with retail-branch services and administrative offices.
The new office is scheduled to open in the spring of 2019.
CFCU’s transformation center will include “the latest in banking technologies” to serve members. They include new service-delivery systems, such as “intelligent” teller machines. Employees can use those machines to teach members about depositing checks without getting in line, part of what CFCU calls the “electronic banking experience.”
CFCU’s executive leadership team will be located at the Commons facility, along with commercial lenders, mortgage lenders, business-development officers, and wealth-management advisors.
“We’re excited to bring our brand of service and value to downtown Ithaca and offer a contemporary and efficient way of banking for our members,” Lisa Whitaker, president and CEO of CFCU Community Credit Union, said. “On any given day, over 5,000 people pass this location, so it’s a good place for us to be. Plus, the additional office space eases some of the space pressures we’re incurring at our administrative buildings at 1030 and 1050 Craft Road due to steady growth.”
CFCU has an administrative office at 1030 Craft Road in Lansing and a mortgage office at 1050 Craft Road, according to its website. It also operates a mortgage office at 140 Seneca Way in Ithaca, along with several branch and ATM locations in the Ithaca area.
Bank Tower was originally built in 1932 and is described by CFCU as “one of the most prominent buildings in downtown Ithaca.”
The credit union contends that its new space will be modern, but the renovation work will maintain the building’s “original splendor in accordance with historic preservation standards.”
CFCU Community Credit Union was chartered in 1953 and currently has about 190 employees, over $1 billion in assets, more than 69,000 members. CFCU serves members in Tompkins, Cortland, Cayuga, Ontario, and Seneca counties and their family members, along with any business or organization located in these counties.
