Centier Bank breaks ground on Cedar Lake branch • Northwest Indiana Business Magazine
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Centier Bank breaks ground on Cedar Lake branch

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A new branch of Centier Bank is expected to open in Cedar Lake by the end of the year.

Michael Schrage, chief executive officer and chairman of Centier Bank, said growth in the town prompted the bank to plan a stand-alone branch there. For 10 years, an in-store location in the Strack & Van Til has served the community.

Schrage; Jennifer Doffin, regional sales manager; Janelle Spindler, branch manager; Chris Salatas, Cedar Lake town manager; Diane Jostes, of the Cedar Lake Chamber of Commerce; Bruce Boyer, of Boyer Construction; and others gathered June 20 at 9720 W. 133rd St. for a groundbreaking ceremony.

“This groundbreaking represents our unwavering commitment to investing in this vibrant community and enriching lives for an even better tomorrow,” said Schrage in a press release. “We’re looking forward to continued success as we serve and support our valued clients, building strong relationships and fostering growth every step of the way. Together, we will create a legacy of prosperity and make a lasting difference in the lives of those we are privileged to serve.”

Construction is scheduled to begin in July on the 1,900-square-foot building, which will include a drive-thru and free self-service coin machine. The branch will be on the north side of West 133rd Avenue near the Parrish Avenue intersection.

“Centier has helped many Cedar Lake residents purchase their homes in our beautiful town,” Salatas said. “We now get the pleasure of welcoming Centier to their new home in our growing community. We are glad they will continue to make a positive impact in Cedar Lake through their amazing banking services and community involvement.”

Centier Bank, which was founded in 1895, is family owned and has more than 60 offices in 35 communities. It employs more than 1,000 people.

Caption: From left, Diane Jostes from the Cedar Lake Chamber of Commerce; Janelle Spindler, Centier Bank branch manager; Chris Salatas, town of Cedar Lake; Mike Schrage, CEO and chairman of Centier Bank; Bruce Boyer, president of Boyer Construction; Jennifer Doffin, Centier Bank regional sales manager; and Lisa Bossi, treasury management sales officer at Centier Bank break ground on the Cedar Lake branch June 20. (Provided by Centier Bank)


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