FOR IMMEDIATE RELEASE
July 20, 2017
Contact: Ben Bauer, Director of Marketing, 844-769-2667, firstname.lastname@example.org
SIMPLICITY CREDIT UNION ANNOUNCES INITIAL PLANS FOR THOMAS HOUSE BUILDING
Marshfield, WI – Having completed initial negotiations on the purchase of the commercial property at 103 S. Central Ave. in Marshfield, as announced last week, Simplicity Credit Union has started the initial planning for use of the Thomas House property.
“We are fortunate that this historic building was available when we were looking for a space.” says Pat Wesenberg, Simplicity President/CEO. “With the combination of the lease on our current Marshfield Mortgage Center expiring and the expansion of our back-office staff to better meet the needs of our members, space had become a concern. With the purchase of the Thomas House we’ll be able to provide a beautiful, welcoming space for our Mortgage and Commercial members and workspaces that will attract top talent to our team.”
The closing, currently scheduled for the end of September 2017, will signal the end of the nearly yearlong first phase of this project for Simplicity that included a needs assessment, cost analysis, and members of the Simplicity team touring several spaces in the Downtown Marshfield area.
“It’s exciting to have the opportunity to purchase and preserve a building that is clearly important to many in Marshfield and the surrounding area.” says Ben Bauer, Simplicity Director of Marketing, “And it’s gratifying to know that we’ll be able to expand in a way that’s not only healthy for our Downtown, but in keeping with our commitment to be good stewards of our member’s money.”
For more information about Simplicity Credit Union, please visit www.simplicity.coop
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Simplicity Credit Union
Chartered in Marshfield 1949 with 13 original members, Simplicity Credit Union now serves nearly 24,000 members in eight counties with assets totaling $242 million. Simplicity proudly supports many community organizations, including more than $50,000 worth of monetary donations in 2016, as well as staff volunteer time. Simplicity Credit Union is a proud member of the International Cooperative Alliance.