Michael E. Schrage, President and CEO of Centier Bank, hosted a groundbreaking ceremony to commence construction for Centier’s newly relocated Valparaiso South office, at 360 Morthland Drive. The new branch location is approximately two blocks west of its current location at the corner of Morthland Drive and Route 2.
Centier opened the Valparaiso South branch in 1994. Recently, the branch’s ground lease expired, thus offering a new opportunity to rebuild the branch with an expanded lobby area, offices, and additional drive-thru lanes.
“We service many commuters who travel along the Route 30 corridor daily, so expanding our drive-thru services offer many clients an added convenience,” stated Schrage. “We’re not moving far, so this presents us the opportunity to stay in a high visibility, high traffic area.”
Valparaiso Mayor Jon Costas, Valparaiso Chamber President Rex Richards, and numerous city and bank employees joined Schrage for a small reception to commemorate the beginning of construction. Plans for the new 2,348 square foot branch will also feature safe deposit boxes and a 24-hour ATM in front of the branch building.
“The addition of this branch represents more than just brick and mortar,” stated Mayor Costas. “This new branch represents a commitment to the City of Valparaiso…we are grateful for the leadership that Centier exhibits to our community. Together, we have some exciting years ahead of us.”
Boyer Construction Group is the general contractor for the Valparaiso South project and Gerometta & Kinel is the architect. The new branch is scheduled to be completed in June 2013.
“We will continue to service clients at our current Valparaiso South location until construction is complete,” stated Carol Highsmith, Centier Bank Senior Partner and Project Manager. Centier has five Valparaiso locations in total, including 7-day banking inside of Town & Country market.
During the morning ceremony, Schrage also presented a $500 donation to the Porter County Community Foundation. Schrage praised the foundation for their commitment and community service in making the City of Valparaiso a better place to live.