Share this article

print logo

Bank of Akron plans headquarters, branch expansion

The Bank of Akron will expand its Clarence branch and add space to its headquarters in Akron.

The bank is renovating a former dentist’s office across the street from its Main Street headquarters in Akron to house its customer care center and compliance department, said Peter Forrestel, the bank’s chief executive.

That project is expected to be completed in February.

“We’re just out of space,” Forrestel said. “It’s a great problem to have.”

The Bank of Akron also will add 1,300 square feet to its branch at 9865 Main St. in Clarence, and move its commercial loan back office operations from Akron into the expanded space. The bank will remodel the branch’s lobby, which will create two new offices. The project will start in the spring and should be finished in the fall.

The bank will also renovate its Akron headquarters and move its administrative offices from the first floor to the second floor. That is expected to start in February and be finished in the summer.

The projects are estimated to cost $1.3 million.

The Bank of Akron, which was founded in 1900, has 80 employees across its operations and operates five branches. The size of the staff has grown over the years as the bank’s operations have expanded. Like other banks, its staff has also grown to meet increased regulatory requirements.

There are no comments - be the first to comment