Centier Bank to continue Indianapolis expansion

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Centier Bank announced the upcoming move of its Carmel location to a new, larger Carmel branch in November.

Merrillville-based Centier Bank now has eight locations in Greater Indianapolis with additional locations planned to open soon.

“Our move to the new Carmel location presents a wonderful growth opportunity for Centier in the community, offering the ability to expand space for our clients, regional executives and the new associates needed to support our ongoing expansion in Central Indiana,” said Troy Kafka, Centier Bank Greater Indianapolis market president, in a press release. “Its proximity to our current Carmel location will allow for a seamless transition and uninterrupted service for our valued clients.”

The 8,894 square-foot building will feature a bank for consumer and business clients. It will also have expanded office space to grow the bank’s Indianapolis team. Centier’s current branch at 568 East Carmel Dr. is set to move one block East to the new premises Nov. 12.

The 45-year-old building will undergo a facade update as part of the bank's transition. The redesign includes staining the brick to lighten the building's appearance and adding architectural features, a new entrance and signage. 

“We have proudly served the residents and businesses of Carmel since entering the market in 2011, and this expansion sets the stage for continued community impact into the future,” Michael Schrage, Centier Bank CEO and board chairman, said.

“Centier’s recent and upcoming growth throughout Greater Indianapolis is delivering new and improved locations alongside meaningful local investment through volunteering, philanthropy, sponsorships and more, reinforcing our community bank’s values and long-term commitment to the area,” Schrage said.

Centier Bank has over 60 offices. Its branches serve 35 communities across 11 counties in Indiana. Centier Bank was founded by the Schrage family in 1895.

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  • Kerry Sapet
    Kerry Sapet has been a freelance writer for more than 20 years. She has written for newspapers, magazines, websites and the children’s publishing market. Sapet is the author of more than 30 books for children and young adults. She has a degree in journalism from Ohio University’s Honors Tutorial College. Sapet is a Bloomington, Indiana, native, and lives in the Chicago area.
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