Archive for Thursday, June 1, 2006

MidAmerican eyes December date

Ground broken on Lansing financial center; construction to begin soon

June 1, 2006

MidAmerican Bank and Trust isn't wasting any time between a groundbreaking ceremony for its new Lansing financial center and start of construction.

"We hope to have construction started within the next week," Pete Payne, bank president, said Wednesday after officials broke ground on the center, which will be at the south end of Towne Center, near Main Street and 4-H Road.

Lansing city officials, including Mayor Kenneth Bernard, bank officers and employees, Leavenworth-Lansing Area Chamber of Commerce members and other well-wishers gathered beneath a tent to hear Payne describe the new bank before the groundbreaking.

"This is going to be more than a bank; it'll be a financial center," Payne said.

MidAmerican will offer commercial and retail banking services, safety deposit boxes, residential mortgage lending, investment, trust and financial services in its 4,316-square-foot bank building. In addition, it will have three drive-through lanes and a drive-up automatic teller machine.

"I think I'm safe saying this: This is the first financial center the city of Lansing has had," Payne said.

Byron Thompson, the bank's chairman of the board, credited Payne for looking to the future eight years ago in Lansing.

"Pete had the vision to buy this land in 1998," Thompson said. "We see this as a great opportunity in an ever-growing place."

Said Payne, "We realized Lansing was on the move and we wanted to be a part of it."

Harmon Construction Co. will be the lead contractor for the bank building, which was designed by Randy Byers of Byers, Gunn & Hart architects.

With construction imminent, Payne said MidAmerican was hoping to have the center open by December of this year.

When the center does open, it will have a staff of 10 employees, Payne said, led by center manager Phil Parsons. Opening of the new center will mean the closing of the MidAmerican branch across the street at 109 4-H Road.

Bernard, who also spoke at the groundbreaking, thanked the bank officials for their confidence in Lansing.

Referring to the First National Bank of Leavenworth's plans to build at the north end of Towne Center, Bernard said of MidAmerican, "It'll make a great bookend to Towne Center, and we hope to see it take off now."

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