Redwood CU Makes Plans To Move Into 100,000 SF Headquarters

Register now

The $1.1-billion Redwood Credit Union (RCU) has purchased a building on Cleveland Avenue that will become its new headquarters. Previously occupied by Health Plan of the Redwoods, the 100,000 square foot building will house the corporate and back-office departments.

The property currently has a variety of tenants occupying approximately 30,000 square feet. RCU plans to retain the tenants, and will initially occupy approximately 60,000 square feet of the building itself.

Plans are also being made for improvements to both the exterior and interior of the structure, including expanded training facilities for staff.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER