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loans, investments, and other general bonking purposes. Fifty-one founding investors hove contributed $50,000 each, raising $2.55 million. Ewing said. “Our business plan calls for $13 million. If we raise more than that, it gives us an opportunity to grow a little bit faster." he said.
Organizers have received preliminary approval from the Comptroller of the Currency and from the Federal Deposit Insurance Corporation.
Bank organizers have purchased a two-acre parcel at 128 Broadview Ave. in Wurrentun. Ewing said. Previously home to a tractor dealership, the building on the property will be renovated to house the bank's headquarters. A full-service branch with drive-up lanes will be built on the property within the next two years, but employees will use the remodeled space in the meantime.
A second branch is planned for a leased space on Old Stockyard Rond in Marshall, with an eye toward moving into a new business park slated to upon just north of the Murshull Exit 28 from Interstate 66.
“Our focus will be meeting the business and retail banking needs of owners and employees of small- to medium-size businesses, professionals, and individuals." Ewing said, noting that the bank's business focus will be on “doing the right thing" for customers.
That means, essentially, “listening to customers, identifying their needs and otfenng a solution that is in the client's best interest as opposed to the product of the month or what will be profitable for the bunk," said Ewing, who served as president at Marshall National Bank from 200207
‘We're going to be deal
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