3Rivers Federal Credit Union will invest about $5 million to build a new branch and mortgage center in the Stellhorn Crossing development on Fort Wayne's northeast side.
The credit union said Wednesday the new, 16,448-square-foot, two-story building at 9112 Stellhorn Crossing Parkway on Stellhorn Road will have a full-service branch and a state-of-the-art mortgage center.
Once construction is complete, the new facility will replace the existing, leased branch currently at 10470 Maysville Road in Chapel Ridge Shopping Center.
Excavation on the property has begun, and the new location is projected to open next summer, according to a Wednesday news release.
“We are very excited to be making this significant investment in the northeast side of Fort Wayne,” Don Cates, 3Rivers CEO and president, said in a statement. “The state-of-the-art building will accommodate our growing team and provide a better member experience.
“Our mortgage team will enjoy a great new work environment and with more room to interact with members, Realtors, and builders.”
The credit union announced in July it would construct a 2,800-square-foot office at 804 S. 13th St. in Decatur but open a temporary office at 1620 Morningstar Blvd. in August.
The new Decatur branch, costing about $1.5 million, is expected to open in the spring with six full-time employees. It will be the credit union's first Adams County location, but 3Rivers said when the announcement was made that almost 800 Adams County residents were already members. Anyone living, working, volunteering or attending school in Adams County qualifies for membership.
For the Stellhorn Crossing branch, 3Rivers said it is working with local companies, including Bona Vita Architecture, which designed the facility, and Weigand Construction, which is the construction manager.
The building will feature a branch with an open concept and separate rooms for use by business and investment services. The branch also will feature a three-lane drive-thru and an in-wall ATM.
The accompanying mortgage center will house up to 50 employees and feature an open office design with four conference rooms, private video-conferencing spaces and a community room to hold up to 70 people, according to the news release.
The space will be used for financial wellness seminars, training and community meetings and events.