The Challenge
Growth and expansion are signs of a company’s success and should often be celebrated. However, growth can also present problems and challenges that credit unions may not be fully equipped to handle on their own. In the case of Greater Texas Federal Credit Union (GTFCU), their growth had reached a point where they could no longer remain in their current headquarters. They needed a space where new and existing employees could thrive and grow alongside the company. GTFCU knew that happy, engaged employees who could develop in an innovative space could better serve the Texas community and GTFCU members. Instead of viewing their growth as a hindrance, GTFCU reached out to NewGround to begin work on constructing a new headquarters that could fully support their expansion.
After talking with GTFCU’s CEO, NewGround’s Regional Vice President Steve Clark quickly determined the problems that GTFCU was facing with their current location. “They were landlocked in their current location, parking was a problem, and it got to the point where they were leasing space from another credit union who owned the building. They had let it go too long,” he said.