ARLINGTON, Va.–Plans are being made to turn the former headquarters building of NAFCU into a five-story storage facility.

The National Association of Federally Insured Credit Unions moved out of the building when it merged with CUNA on Jan. 1, 2024 to officially form America’s Credit Unions. At the time the two groups announced they intended to merge, there was considerable discussion around what would happen to the building, a valuable asset that was owned by NAFCU and its member credit unions.

The 30,000-square-foot building was sold for approximately $200 per square foot, or around $6 million. The building at 3138 10th Street N. was constructed in 1987.

76,000 SF of Storage

The former trade group HQ was purchased by BRB Development Group. Now, The Lock Up, a self-storage company, is proposing to tear down the NAFCU building to build a five-story, steel-framed self-storage facility with approximately 5,000 square-feet of retail at the street level. 

Site plans propose at least 21 parking spaces and 76,711 square feet of storage area.

America’s Credit Union continues to lease space at 99 M St. SE in Washington D.C.’s Navy Yard neighborhood.