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Community Financial Credit Union is building an 11,000-square-foot office at 2624 W. Republic Road.
Rendering provided by Buxton Kubik Dodd Creative
Community Financial Credit Union is building an 11,000-square-foot office at 2624 W. Republic Road.

Community Financial Credit Union adding south-side office

Posted online

Community Financial Credit Union is constructing a south-side branch on the development-heavy West Republic Road.

Less than a mile west of the intersection of Republic Road and Kansas Expressway — where plans to extend the expressway are underway — the credit union broke ground Jan. 23 at 2624 W. Republic Road, currently an empty lot, according to a news release.

"This is an opportunity that we’ve been dreaming and thinking about for a long time. A lot of planning has gone into this,” Community Financial CEO Loretta Roney said in a groundbreaking video posted to the company’s Facebook page.

Eric Street, project architect with Buxton Kubik Dodd Creative, said a general contractor has not yet been selected for the planned 11,000-square-foot credit union. He declined to disclose the estimated project cost. Credit union and city of Springfield officials were not in their offices today in observance of Presidents Day.

Street said the new Community Financial Credit Union replaces a closed office at 1220 E. Walnut Lawn St. He was unsure when the Walnut Lawn branch shuttered.

Officials are targeting completion of the new location on Republic Road by year’s end, Street said.

On Springfield Business Journal’s 2017 list of the area’s largest credit unions, Community Financial ranked fifth with $64.3 million in 2016 assets. The company reported 7,490 members as of March 27, 2017.

On Republic Road near the planned expansion of Kansas Expressway, other developments include Magers Crossing, Veterans Health Care of the Ozarks’ Springfield clinic, a new Burger King and a renovation of the former Remington’s community event center.

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