BLOOMINGTON - Heartland Bank and Trust opens a new branch Monday at 2111 E. Oakland Ave., in a new office development next to Jewel-Osco in Bloomington.
"The name of the game in banking is to be convenient," said Fred Drake, Heartland president and chief executive officer. "I think this location will be very good for our customers. We have a lot of customers for years who have driven out of their way to see us."
Heartland opened its first Twin City branch at 401 N. Hershey Road, Bloomington, in 1994 and has expanded as business grew. With the new Oakland Avenue branch, Heartland Bank will have five locations in Bloomington-Normal.
The Oakland branch will handle all forms of deposits with walk-in, drive-up and ATM services. In the future, Heartland may add consumer lending services to the Oakland branch also, Drake said.
The lobby will be open from 8:30 a.m. to 5 p.m. Monday through Friday and 8:30 a.m. to noon Saturday. Drive-up lanes will be open from 7:30 a.m. to 6 p.m. Monday through Friday and 8:30 a.m. to noon Saturday.
The new bank is part of a business-condominium unit being developed by Johnston Contractors.
Dentist Mark Burgess, who will co-own the development with Johnston, will move into the building in a couple months, said Bill Johnston of Johnston Contractors.
The remaining 5,500 square feet of the 12,500-square-foot development will be sold or leased, Johnston said. That space likely will be split into two units and the interior will be built to suit the buyer or renter, he said.
"We tried to do something upscale. It's a good location. It's nice brick stone," Johnston said.