WICHITA, Kan. (6/3/14)--The Kansas Credit Union Association (KCUA) has purchased a building for its Wichita headquarters that is a move to both improve efficiency and strengthen its investment.
After a facilities evaluation, KCUA bought a building in Topeka last year and set a course for a new location in Wichita.
It now has its first permanent location in Topeka, which will improve advocacy access in the state capital, KCUA President/CEO Marla Marsh told News Now. The Topeka location will eventually become the headquarters, she added, with staff being added to cover governmental affairs, compliance, regulatory affairs and consulting services.
As part of the facilities plan, the league also looked at reducing space for its Wichita offices, which house education, training, marketing, communications, research, development and its for-profit entity, Shared Financial Solutions.
The new location reduces the square footage to 3,200 from 6,500 and provides a secure area for both the item-processing service and KCUA's information technology department, Marsh said.
The move--set for September--is also a good investment, Marsh added, because the association will have ownership of the building with a tenant vs. paying rent to another party. KCUA plans to continue the lease agreement with the current tenant at the new location.