SIOUX CITY — Le-Mars-based Primebank has been steadily increasing its presence in Siouxland since 2003.
Its latest plan is to add a second Sioux City location.
With a projected opening date sometime in spring, Primebank’s newest branch at 2700 Hamilton Blvd. is nearing the end of its construction phase.
When the Hamilton branch opens, it will mark the second time in the last 11 years Primebank has opened a location in Sioux City. In 2007, the financial institution opened a bank at 5680 Sunnybrook Drive.
Primebank’s first location outside of Le Mars was in Sioux Center, Iowa, the largest city in Sioux County. That branch opened in 2003.
This period of growth also was when the bank changed its name from Le Mars Bank and Trust Company to Primebank, something that's been a constant in the bank's 127-year history until recently.
In a release, Primebank CEO Matt Ahlers said the financial institution was excited about opening a second location in Sioux City.
"Our customers rely on us to meet their financial needs with competitively priced products delivered with exceptional service," he said. "We will be able to continue to meet and build on this expectation in our Sioux City offices. We look forward to forming new relationships, as well as providing expanded convenience for our current customers.”