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Intentionally Riverfront: NWCU’s Support for Downtown Eugene Revitalization

From our inception in 1949 as Weyerhaeuser Springfield Federal CU, through the first 65 years of growth in 15 Oregon counties, Northwest Community Credit Union was headquartered in Springfield, Oregon.

“When we were planning to move our support center, we considered several cities in the fifteen counties we serve. I was really impressed with Eugene’s plan for the future. I believe in the redevelopment efforts for the riverfront and along Broadway. I support the city’s vision for downtown. I could see it all in my mind! And I wanted Northwest Community Credit Union to be a part of it.” — President & CEO John D. Iglesias

In 2012, to prepare for the needs of then-and-future members and provide convenient access for business members in the area, the credit union leadership looked to the promise of Eugene’s emerging riverfront neighborhood to link Eugene and Springfield locations and extend our growing Willamette Valley network.

Completed in December 2014, NWCU’s new support center building contributed to the redevelopment of the Courthouse District—and NWCU became an anchor business reconnecting the Eugene downtown core with the riverfront. Nearby neighbors soon to follow: Whole Foods, Gratitude Brewing (formerly Sam Bond’s Brewery Annex), The Hub student housing development. New street access points of Annie Mims Lane, Wiley Griffon Way, and Nak-nak Avenue have also been built in the Riverfront (Support Center indicated at the red arrow below.)

A map of new access point roads on the Eugene Riverfront

Today, we are proud to be at the center of the new riverfront community, with proximity to the Wayne Lyman Morse U.S. Courthouse, Whole Foods, Fifth Street Public Market, The Gordon Hotel, The Graduate Hotel, Bushnell University, and the University of Oregon. We look forward to the next steps of the riverfront development and steam plant transformation.

Timeline

October 2012: NWCU announced a proposal to purchase property for the new construction and relocation of our Support Center, creating a new building at East 8th and Ferry Streets next to the Federal Courthouse. Eugene’s City Council approved the sale of the property to Northwest Community Credit Union in late October.

December 2012: Andersen Construction, Rowell-Brokaw Architects, and deChase Development Services, LLC selected to design, plan, and build to requirements. Project scope, budget, and site permitting process kicked off.

June 17, 2013: Groundbreaking ceremony

Board Members and CEO John Iglesias at Support Center Groundbreaking

March 14, 2014: Topping Out Ceremony. This beam-signing celebrates the midpoint of constructions and marks the high point of the structural steel. It's a symbol of good wishes and positive intentions for the life of the building to come.

December 2014: Building completed! Employees start moving in.

March 3, 2015: Downtown Eugene branch opens (located in the Support Center) Downtown Eugene branch ribbon cutting

May 2015: Employees enjoy good weather by holding a yoga class on the rooftop! NWCU Employee Yoga on the Rooftop

September 21, 2015: LEED® Gold certification of the new Support Center building by the U.S. Green Building Counscil (USBGC).

April 5, 2021: The Premier Service Center opens in the Support Center Business Suite, serving members with concierge wealth banking.

May 24, 2022: A delegation of the National Credit Union Federation of Korea is hosted at the Support Center. Dignitaries included Eugene Mayor Lucy Vinis and Sen James I. Manning, Jr. NWCU CEO John Iglesias presented the State of Oregon Proclamation denoting the month of May 2022 as Asian and Pacific Islander Heritage Month.

June 10, 2022: NWCU Executives and leaders join Mayor Lucy Vinis to celebrate the dedication of Eugene's new Downtown Riverfront Park and ribbon cutting.

Riverfront Park Opening Group Shot.JPG

We're proud to be part of Eugene's riverfront revitalization efforts and are looking forward to supporting more in the future!