With all the businesses and new residents in the downtown Nickel Plate District, a new financial institution is set to be a part of the area. Citizens Bank plans a branch in the Switch Building later this year.
The office will occupy 3,200 square feet and employ five people.
The city news release announcing the bank branch is below:
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Citizens State Bank announced plans to open a full-service bank branch in The Switch development located in the Nickel Plate District today. The expansion marks the first bank in the Nickel Plate District and is expected to open later this year.
“Fishers has been a part of Citizens State Bank’s growth strategy for some time,” said Dan Maddox, Citizens State Bank president. “We opened a loan office in 2013 with long-time Fishers resident John DeLucia at the helm and later hired another Fishers resident, Elliott Somers. As we looked at locations for a full-service bank, Fishers’ vibrancy made it a logical choice.”
Citizens State Bank has signed a five-year lease at The Switch, located on the corner of 116th Street and Municipal Drive. The branch will occupy 3,200 square feet and plans to hire an additional five employees. In addition, Citizen State Bank’s mortgage loan officer, trust officer and treasury management officer will be available to meet with clients at this location.
“This is a great addition to the Nickel Plate District,” said Mayor Scott Fadness. “Citizens State Bank has already proven to be a great community partner through sponsorship of our Parks Department and Fishers Freedom Festival, and I welcome the expansion into our downtown.”
“A smart, vibrant and entrepreneurial city needs a bank in the heart of its business district. What is happening in Fishers is very exciting, and we are very excited to be a part of it,” said Maddox.
The new branch is expected to open in the fourth quarter of 2016.