Archive for Wednesday, May 31, 2006

First State Bank plans to construct new branch

110th and Parallel seen as good site in market

May 31, 2006

The Tonganoxie-based First State Bank and Trust soon will expand to better serve its customers.

A new branch will be popping up in Wyandotte County in the next 12 to 18 months at 110th Street and Parallel Parkway. The new branch site is across the street from Village West.

Chris Donnelly, executive vice president, said that not only will the location of the new branch coincide with the bank's focus on construction development, it also will be more convenient for customers living and shopping in the area.

"It fits well with our customer base," he said. "They can do business with us anytime they want and will have more options."

A lot has been purchased and a building has been approved by Wyandotte County. The new branch is currently in the design phase.

After the design is finalized, it, too, must gain the county's approval before construction begins.

Donnelly said the plan for a new branch has been in the works for a while and the building will correspond with the bank's footprint of branches along Interstate 70.

"This has been part of our strategic plan in continued growth for quite some time," he said. "We see it as a continued extension."

The full-service location will be able to handle any customer needs and will include lenders, ATMs, tellers and all the products available at any of the other locations.

Once approved, Donnelly said the bank can move fairly quickly to get the new branch up and running. Although he said they cannot assume the county will approve the design for the bank, he is confident it will.

"We are building a very nice facility and it should fit the surrounding area well," he said.

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