Centier Announces Plans for New Lafayette Branches

September 27, 2013

Michael E. Schrage, President and CEO of Centier Bank, is pleased to announce construction plans for a new banking center near the intersection of CR 350 S. and Regal Valley Drive in Lafayette.

Schrage announced this week that KJG Architecture, a West Lafayette-based firm, will manage the design of the 2,500 square foot location.  Plans for construction include a four person teller line, reception lobby with offices for mortgage, commercial, and personal banking, and a four-lane drive thru, including a 24-hour drive-up ATM.

The new full-service banking center will expand Centier Bank’s service footprint and complement its downtown branch located at 323 Columbia Street.  The Columbia Street branch, which opened in 2010, has grown to include a team of long-time Lafayette Bankers that manage personal, mortgage, and commercial loans in the greater Tippecanoe County area.

Plans to expand the bank have been in the works for many years according to Patrick Morrissey, Community Bank President.  “We entered the market in 2007 with a commercial loan office on Main Street,” stated Morrissey.  “We patiently waited for the right time to expand our retail services in 2010, and now there is a need for us to service our growing personal and business client base.”

The next year will be a busy time for the bank:  Centier also has plans to open a banking center in West Lafayette at 1020A Sagamore Parkway West. The new retail branch, scheduled to open next summer, will be located in a space formerly occupied by Lafayette Savings Bank. Plans for the 2,000+ square foot building include safe deposit boxes, multiple offices, conference room, and the convenience of two drive-thru lanes, and a drive-thru ATM.

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