Less than a day after Credit Union of America announced it was buying the office building housing its industry group, the Kansas Credit Union Association said it will move.
KCUA, which represents the state's credit unions, said today it will move from its offices at 650 S. Westdale to leased office space at 2868 N. Ridge Road, Suite 122.
KCUA said it has owned the building for the past 10 years.
"With increased efficiencies and new technology and processing systems, our space needs have been greatly reduced," KCUA CEO Marla Marsh said in a news release. "By moving to leased space, we are able to focus on our core functions and have the flexibility to adjust to the changes in both trade association and payment systems business lines."
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CUA, the second-largest Kansas-chartered credit union, said Tuesday it was buying the building to house its corporate headquarters.
The sale of the building is expected to be complete in September.