A credit union in the region has begun work on a new 150,000-square-foot headquarters.
Parchment-based Advia Credit Union broke ground last month on the corporate campus on a 38-acre parcel in Oshtemo Township.
The parcel is north of M-43/West Main Street between 9th and 10th streets, east of the Meijer. A traffic light and a drive called Advia Way will be built connecting M-43/West Main to the HQ.
The exact address has not been named.
The project is expected to take up to two years to complete.
Cheryl DeBoer, president and CEO of Advia, said the credit union’s growth necessitated the move.
“We now welcome nearly 1,500 new members each month, and our team has doubled in size in the last 10 years,” DeBoer said. “This new headquarters will allow our southwestern Michigan team to work in a united workspace and will also provide more collaborative spaces to engage with team members in our other regions.”
Advia will maintain a branch in Parchment.
The new headquarters will be able to house up to 460 employees from 32 departments and include a branch, ATM and night deposit box.
It will feature rooms for seminars, events and community outreach, as well as leasable retail spaces for local businesses on the first floor.
The design also calls for outdoor terraces that will overlook a landscaped water feature.
Kalamazoo-based Byce & Associates is the project’s architect, engineer and designer.
Lansing-based Granger is the contractor.
Advia Credit Union was founded in 2014 from a merger between First Community Federal Credit Union (founded in 1938) and E&A Credit Union (established in 1935).
The credit union provides personal and business banking services to more than 150,000 members, employs nearly 600 people and has 29 branch locations throughout Illinois, Michigan and Wisconsin.
Advia has over $1.7 billion in assets.