Michael E. Schrage, President and CEO of Centier Bank, hosted a ceremonial ribbon cutting on Thursday afternoon to commemorate the grand opening of its second Tippecanoe County location inside of the new Meijer, located at 2636 US 52 in West Lafayette. The new grocery store branch is a full-service banking center, featuring personal, commercial, and lending services. The branch lobby is open Monday through Friday 10:00 a.m. to 7:00 p.m.; Saturday 10:00 a.m. to 5:00 p.m. and Sunday 10:00 a.m. to 3:00 p.m.
This is Centier Bank’s second location in the Greater Lafayette region. Centier first entered the market in 2009, with a commercial loan production office, and in 2010 relocated to its current location at 323 Columbia Street in Downtown Lafayette. Since opening, Centier has expanded its market team to include full-service retail, personal and commercial services, lending, and investment services.
“We are so excited to have our first venture with the Meijer corporation and to provide customers with convenient in-store banking services, making Meijer a one-stop-shop,” stated Centier Bank President and CEO, Mike Schrage. “We are specialists in supermarket banking – we currently have 10 grocery store branch locations throughout our retail footprint. Every one of them provides all of the same services of a traditional branch…customers can even apply for a loan on Sunday!”
The new West Lafayette Meijer branch features convenient, extended banking hours, an in-store EZ Deposit ATM (which accepts check and cash deposits 24/7), four teller stations, and private offices for personal and business lending. The retail branch manager is Stephen Walter and Operations Supervisor is Angelique Spracklen.
“Seven-day banking is a huge plus for people who cannot make it to a branch during the week,” stated Laura Demeter, Regional Branch Manager. “Providing banking options to our clients, and to patrons of the West Lafayette Meijer, is just one of the benefits of banking with Centier.”
As an independently-owned community bank, Centier is promising a large community investment into the West Lafayette/Lafayette area. “We are pouring resources and support to a strong, local team of bankers,” stated Schrage. “We are a good match for the energy and excitement of this city. We can give residents a bank partner for generations to come.”
Centier Bank is growing steady and quickly in the Greater Tippecanoe region. Later this year, the bank will open two new locations, in Lafayette at 1921 Veterans Memorial Parkway South, and in West Lafayette at 1020A Sagamore Parkway West (in the strip mall by Payless Foods). Recently, Centier added a prominent Lafayette leader to its Board of Directors, John B. Willis, who is president and CEO of MBAH Insurance. The bank also introduced its new community bank president, Joe Howarth. A former banker with The Farmer’s Bank and Salin Bank & Trust, Howarth is a seasoned Lafayette banker who complements Centier’s current team of commercial and residential lending experts.
Centier’s expanded service options may be exactly what West Lafayette residents are looking for in a community bank. Recently, Lafayette Savings Bank was sold, consolidating the number of locally-owned bank options in the region. “Centier is well-known for its ‘Not for Sale’ promise,” stated Schrage. “It’s my personal commitment that Centier Bank will remain independently owned and operated for years to come. We will continue our family legacy of independent community banking for future generations in Lafayette and West Lafayette.”
Centier is a $2.4 billion dollar bank, with banking locations throughout Allen, Hamilton, Lake, La Porte, Marshall, Porter, St. Joseph, and Tippecanoe Counties. In addition to its strong financial roots in the state, Centier was named among the top “Best Places to Work in Indiana” by the Indiana Chamber of Commerce for the eighth consecutive year and was named “Best Bank for Business” by the Northwest Indiana Business Quarterly magazine for the 12th straight year.
Since 1895, Centier Bank has transformed from a small community bank into the largest independently-owned and operated bank in Indiana. For nearly 120 years, four generations of the Schrage family has contributed a lasting legacy that has created a company built on family values, community partnership, business relationships, and a corporate culture unsurpassed in today’s community banking.
Schrage commemorated the grand opening with a ribbon cutting, with a donation to Food Finders Food Bank, Inc. The agency provides programs that work to eliminate hunger by providing food and essential non-food products to nonprofit agencies that serve low income Hoosiers.