EAGLE, Idaho (CBS2) — Money Metals Exchange, an Eagle-based company with nearly 100 employees, announced it has selected Zions Bank for financing and Wright Brothers Construction Company for its new $21 million facility.

"We are pleased to partner with both Zions Bank and Wright Brothers as our business enters an exciting new phase," said Clint Siegner, an owner and director of the nationally focused metals dealer and vaulting company.

Money Metals Exchange has outgrown its current facility from rapid growth with the employee count going from less than 25 to more than 90 over the last three years.

After breaking ground next month on a 3.2-acre lot near the heart of Eagle, Money Metals’ facility will be open for operations by the end of 2023.

The facility will be the largest private depository of its kind not located in northeast United States.

“Starting with just one employee on the second floor of the historic Eagle Hotel back in 2010, Money Metals Exchange has blossomed into an incredible company as well as employer for our city, earning national recognition in its industry. We are excited Money Metals decided to expand again in Eagle because this is exactly the type of company and owners we want in our community,” said Mayor Pierce.

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