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News Now

CU System
Raleigh council approves SECUs tower
RALEIGH, N.C. (9/3/09)--The Raleigh, N.C., City Council Tuesday approved a plan for a 12-story, mixed use building that State Employees’ CU (SECU) wants
State Employees’ CU, Raleigh, N.C., was recently approved to construct an office building in downtown Raleigh that will house a credit union branch, office space and a parking deck. (Photo provided by State Employees’ CU)
to build downtown at the original site of the credit union’s first branch. SECU said its board had considered building the facility for several years and decided to implement the plans to boost the state’s economy. Construction is expected to begin this fall (News Now June 6). The building will be about 240,000 square feet. The project will include a credit union branch, 31 residential units, office space, and an eight-level parking deck with 165 spaces (wral.com Sept. 1). SECU also plans to open 15 new branches in the next fiscal year, the credit union said. SECU, Raleigh, N.C., has $18 billion in assets.


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