Michael Yoder//September 16, 2019
Members 1st Federal Credit Union closed a deal Friday afternoon for a piece of land in Hampden Township that will house its new headquarters.
The 25-acre campus will be located at the Hampden Marketplace on Marketplace Way, off of Valley Road on the east side of Interstate 81.
The planned building will put all the credit union’s associates under one roof after being split between four different buildings in the Rossmoyne Business Center in Lower Allen Township.
Officials from Members 1st first announced plans to move to a new headquarters in February. In preparation of the move, the credit union sold two of its four buildings earlier this year, at 4999 Louise Drive and 5053 Ritter Road, with the remaining two buildings currently on the market. The properties were sold to Linlo Properties for $10.3 million.
Members 1st spokesperson Mike Wilson said the sale of the four properties should result in a revenue neutral end result with the purchase of the land and the construction of the new headquarters. He said being able to return its headquarters to Hampden Township had added significance as the credit union first opened in 1950 at the Navy Supply Depot in Hampden Township, which is now known as Naval Support Activity Mechanicsburg.
“As we approach our 70th year of proudly serving members, associates and the community, this is a very exciting time for Members 1st,” Wilson said. “Our humble roots began in Hampden Township, and the plans for the new campus allow us to remain a community partner in Cumberland County.”
Members 1st is partnering with East Lampeter Township’s Greenfield Architects for the design and Mowery Construction in Silver Spring Township to oversee construction of the new building.
Wilson said the hope is to break ground on the new building in early 2020 with an expected construction timetable of 12-18 months.
Plans were approved in June by Hapden Township commissioners for a 3-story, 172,000-square-foot facility.
The credit union currently has nearly 60 locations in Dauphin, Cumberland, York, Lancaster, Lebanon, Perry and Adams counties and more than 435,000 members. Plans are also underway to expand its footprint into Berks County in 2020.