Riverside Community Bank announces expansion of Perryville Banking Center
Online Staff Report
Riverside Community Bank plans to expand its original banking office at 6855 E. Riverside Blvd. in Rockford — constructed in 1995 when the bank was chartered — by adding a 4,000-square-foot addition, increasing the size of the bank’s main office to nearly 12,000 square feet.
Bank President Steve Ward explained: “Riverside Community Bank sees a positive outlook for the future of the greater Rockford area and continues to experience a growth rate exceeding the marketplace. As we are committed to bringing the best banking experience to our customers by providing a full range of products and services through a convenient and efficient network of banking centers, we are taking steps to further grow and prepare for continued success.”
Rockford firm Cord Construction will serve as general contractor, with Larson and Darby Group as project architects.
The $1.8 million expansion will incorporate many “green” energy-efficient elements. It is expected the project will result in the creation of 18 new much-needed local construction jobs.
Significant core growth of clients over the years led Riverside Community Bank to add new lines of business in 2009, including Trust Services, Wealth Management and Private Banking. Those departments will join Riverside Community Bank’s Commercial, Consumer, Mortgage and Brokerage teams with headquarters at the newly-expanded and renovated Perryville office.
Ward expects the construction project to be completed by late fall.
Riverside Community Bank is a member of Heartland Financial USA, Inc. Riverside Community Bank has assets of $343 million with four banking centers and an extensive ATM network, many in Road Ranger convenience stores throughout the northern Illinois area. The bank offers an array of credit services, wealth management, investment services and deposit accounts, all with a focus on personal service. Member FDIC. Equal Housing Lender. Visit www.riversidecommunity.com for more details.
Posted May 15, 2012
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