Lake City Bank's Strategic Acquisition
Lake City Bank is excited to announce the acquisition of a property located at 6388 Mills Drive. This significant move marks the bank's commitment to expanding its reach into Boone County, a thriving area in Central Indiana.
Investment in Community Growth
The bank plans to renovate the acquired property into a modern full-service branch, expected to open its doors in 2026. This will be the bank's 10th office in the Indianapolis Region, following its successful growth in this market since 2011.
David M. Findlay, Chairman and Chief Executive Officer, highlighted the importance of this expansion by stating, "Boone County represents an emerging economic engine in Central Indiana, and we are thrilled to establish our presence in this community." The branch will be designed to meet the diverse banking needs of both personal and business clients.
Renovation Plans for the New Location
Renovations will commence soon to transform the former restaurant space into a sophisticated banking facility. The new branch will feature a welcoming lobby, convenient drive-up banking services, and accessible ATM facilities. This approach aligns with the bank's mission to provide exceptional service and accessibility for its customers.
Conveniently Located for Community Access
Stephanie R. Leniski, Executive Vice President and Chief Retail Banking Officer, shared, "This location is ideally situated close to Interstate 65 and will benefit from nearby residential neighborhoods as well as retail and industrial businesses. Our goal is to ensure easy access for our customers and enable our bankers to connect effectively with the Whitestown community."
A Legacy of Community Banking
Founded in 1872, Lake City Bank has grown to become a prominent financial institution in Central and Northern Indiana, with $6.9 billion in assets and 54 branch offices. The bank utilizes a community banking model that emphasizes building long-term relationships with customers while providing technology-driven financial solutions.
Recognizing the evolution of banking needs, Lake City Bank continually adapts its offerings to serve its clients better, including a robust digital banking platform that complements its in-branch services.
Looking Ahead
As Lake City Bank prepares for the grand opening of the new branch, the anticipation among community members and staff is palpable. The bank is dedicated to enhancing banking experiences in Boone County and fostering growth within the community.
Contact and Further Information
For inquiries, you can reach out to Luke Weick, Vice President and Marketing Manager, at (574) 267-9198 x47279 or (260) 431-7061. You can also contact him via email at luke.weick@lakecitybank.com.
Frequently Asked Questions
What is the location of the new Lake City Bank branch?
The new branch will be located at 6388 Mills Drive in Boone County.
When is the expected opening date for the new branch?
The bank aims to have the new branch operational in 2026.
What services will the new branch offer?
The branch will provide full-service banking, including a lobby, drive-up banking, and ATM services.
Who can be contacted for more information about the new branch?
Luke Weick, Vice President and Marketing Manager, is available for inquiries.
How long has Lake City Bank been in operation?
Lake City Bank was founded in 1872 and has a long history of community banking.
