DECATUR, Ill.–Land of Lincoln Credit Union has held a groundbreaking for a new operations center along with an attached branch on Mound Road here.
The facility will cost nearly $8 million, with the credit union saying the investment represents its growth strategy and that it will enhance its infrastructure and operational efficiency.
The new facility is located directly across the street from LLCU’s existing Mound Road branch. Once the new operations facility is completed and the attached branch is open, that branch will close.
The property sits on 11 acres of grassland and LLCU is in the process of making plans to utilize the area for several green, eco-friendly projects aimed at benefiting community members.
Numerous Departments Moving
The new 13,000-square-foot facility will house LLCU’s personnel for accounting, operations, information technology, collections, and loan processing. The new branch will include 24-hour interactive teller machines (ITMs) both inside and outside of the building.
“LLCU has served Central Illinois now for 78 years, growing a single location in Decatur to now having 15 branches throughout 10 different cities,” President and CEO Robert Ares said in a statement. “As we’ve grown, so has our staffing. Most of our operational departments are housed in different locations and this impedes ability to serve members efficiently. Placing these business units together under one roof will bring about better efficiency, greater synergy, all while beautifying unsightly vacant property in the city.”
The architect and general contractor is La Macchia Group,
