State Bank Announces Main Office Campus Expansion and Consolidation of Brownsburg Banking Centers
BROWNSBURG, Ind. (August 14, 2023) – State Bank, an Independently owned and operated community bank, today announced a major expansion project for its main office along 56th Street in Brownsburg while consolidating its two Brownsburg locations.
The future State Bank Campus will be a three-phase initiative that includes a reimagined banking center, an outdoor community plaza and an additional office building to accommodate the growing bank’s resources. Phase one is currently underway. A new, multi-lane drive thru, private offices and individual teller stations are being added to provide customers with a personal, customer centric experience. Phase one also includes a safer, easily accessible layout with additional access points to and from the bank.
The future State Bank Campus, as envisioned, will have a modern, outdoor plaza surrounded by lush green space that will be available for community use. The Campus, assessable by sidewalks, will complement the Town of Brownsburg’s efforts in becoming a walkable and bikeable community connecting neighborhoods, parks, and schools to key destination areas through sidewalks and trails.
State Bank’s expansion of its main office corresponds with consolidating its two Brownsburg banking centers and closing its Garner Road location.
The shift to digital transactions has led banks to change business models around product and service delivery. More and more customers are using remote channels for their banking needs. As a result, more transactions are happening outside the banking centers.
“We have invested and developed some of the best digital and remote banking services available to consumers today, and our customers are using them,” said Mike Baker, President, and CEO at State Bank.
“We also continue to invest in our banking center network to deliver the best experiences and services for our customers that choose to bank in person”.
Baker adds, “Brick-and-mortar banking will continue to play a vital role in the way we serve our customers. Our first-class customer service and local decision making will always be the heart of what we do.”
Enhancing a banking center network sometimes includes consolidating locations.
“We continuously evaluate our banking center network considering the changing customer expectations. The distance between the two Brownsburg banking centers is 1.8 miles, while industry standards are between 5-10 miles. With increased utilization of digital banking, we made the decision to consolidate the two banking centers,” said Diane Stennett, Executive Vice President, Retail Banking. Stennett adds, “We will continue to invest in the Brownsburg community and provide our customers with sound financial advice”.
The consolidation of the banking centers will happen on December 1, 2023. Smiling Brownsburg North bankers will greet you at the 56th Street location as all employees have been retained. Customers should expect an official letter with information about the seamless transition by the end of the month.
####
About State Bank: State Bank is a $780 million community bank headquartered on the west side of Indianapolis. In addition to operating 11 full-service locations, State Bank is a part of the AllPoint™ ATM network of 55,000+ ATMs nationwide. Bauer Financial has named State Bank a 5-Star Bank based on its strength and performance since 2017. Its offices are in Avon, Brownsburg (2), Plainfield, Lizton and Pittsboro in Hendricks County; Lebanon (2) and Zionsville in Boone County; Carmel in Hamilton County; and Lafayette in Tippecanoe County. Visit www.StateBank1910.bank to learn more.
