Hometown:
Jacksonville. Assets: $227 million. Partnership kick-off: 1991, when KDA
Holdings was chosen to conduct a strategic facilities plan. Now, in accordance
with that plan, Arkansas Federal is increasing its number of branch facilities.
That initiative revealed another strategic demand: enlarge the credit
union’s main office to efficiently house the central support services
required by the new branches.
Arkansas Federal’s original, one-story main office already had an
adjacent two-story addition. And, it was concluded that the one-story
structure was not capable of supporting a second floor without extensive
and expensive reconstruction. Additional land was available onsite, but
could it be used effectively to house the added space needed?
The only way to utilize the extra land onsite was to build a long, narrow
addition to the existing main office. But the resulting structure shape
would have spaced operations far apart, compromising workflow and staff
productivity. After exploring alternate site options and the expenditures
required, KDA recommended the most cost-efficient solution: tear down
the original one-story building, construct a brand new two-story structure,
and connect it to the existing two-story addition.
