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Oregon State CU building new Corvallis branch

Corvallis, Ore.-based Oregon State Credit Union is building an operationscenter that will include a third Corvallis branch, administrative offices, backoffice operations and a community room, according to an April 13 news release.

The new branch, located at Technology Loop in southwestCorvallis, will be 62,000 square feet and will include a 2,900-square-footbranch. The credit union expects the operations center investment to be $18million.

The location is scheduled to be completed in June 2016. Thecredit union expects to add six new positions as part of the new branchopening.

Oregon State's Ninth Street location will continue tooperate as its main branch. The credit union plans to eventually sell a backoffice building in Corvallis, according to the release.