by freefind

News

 

September 2013 - Merchants Bank’s Growth Creates Need for a Larger Facility

 

Merchants Bank recently signed a 10-year lease for retail space with 44-45 Centre Square LLC. Now owned by Diane Haviland and Ken Greene, the former Lenny’s Menswear building is located at 44-46 Centre Square. Though the new location will be directly across the street from their current location at 1 Centre Square, Merchants is excited about their new space in the renovated building, “Our brand of banking has been successful in Easton. As we continue to grow, moving into Diane and Ken’s property will give us the much needed square footage and inviting space to welcome our customers,” said Tracey Smith, Executive Vice President and Chief Operating Officer.

 

Owners Diane Haviland and Ken Greene envision their property as an important anchor for the downtown. They know that finding the right tenant for their building’s retail space is an important part of the formula. As an active member of the community and later as a Merchants Bank customer, Diane has had nothing but positive experiences with employees and management at Merchants: “We have watched time and time again how Merchants Bank has demonstrated their commitment to the City of Easton and its community. From our perspective, there was never going to be a better partnership. We are thrilled to be part of the Merchants family.”

 

Chosen earlier this year as The City of Easton’s primary bank, Merchants credits much of its success to its customer service, strong relationships and community involvement. “When we opened our Easton branch in 2004, it was immediately clear that the positive growth in business and housing was going to continue. We immersed ourselves in the community because we wanted to be part of the building that momentum,” said Anthony Biondi, Chief Executive Officer.

 

Recently, employees have volunteered for almost thirty-five non-profit boards, committees or events just in the Easton area. From 2007 to 2012, the Bank donated nearly $185,000 to community organizations in the City of Easton and financed over $20.4 million dollars towards revitalization projects, helping to improve life and commerce in Easton. The branch’s new home in Easton will be over 3,100 square feet, almost 2,000 more than their current location. The branch will continue to feature personalized service with sit-down customer consultation desks. Merchants Bank is planning to move in March.

 

Established in 1890, Merchants Bank is a locally owned and operated community bank. Headquartered in Bangor, PA, Merchants has two branch offices in Bangor and additional offices throughout the Lehigh Valley, including Mount Bethel, Wind Gap, Nazareth, Forks Township, Martins Creek, Easton and Bethlehem, PA. Merchants Bank was recently recognized for its community involvement through the Greater Lehigh Valley of Chamber’s The Spirit of Forks Award. MNB Investment Services is a division of the bank and offers investment and wealth management financial services. For more information, please visit www.merchantsbangor.com.