People’s Trust HQ going up in Houston

HOUSTON – Construction began for the new corporate headquarters of People’s Trust Federal Credit Union to the east of downtown.

The new 26,000-sf building located at 413 Bastrop near the BBVA Compass Stadium will have a member lounge, two outdoor ATMs and a coffee and refreshment bar. There will also be a large multipurpose room for special events.

Previously, the credit union leased a space in Two Shell Plaza in downtown. Company officials say owning its own facility will protect the credit union against the rising lease rates of downtown and offer free parking.