First State Bank has spent $2 million on a new branch on Big Pine Key, set to open Monday at the traffic light on U.S. 1.
"We were very, very happy to get that location," says First State spokesman Don Lanman. "It's prime location. It's so convenient and it's so efficient."
First State renovated the old Century 21 building, where Wilder Road and Key Deer Boulevard meet U.S. 1, adding two drive-through lanes that will allow customers to make deposits 24 hours a day.
And they've taken a "green" approach to the new branch.
"We could have razed the building and bought a new one," says Lanman. "But we chose to keep it."
Green features include a copper roof; copper having one of the highest recycling rates of any metal. There are also energy efficient light fixtures, landscaping that includes only native plants, and plants that don't require much watering and a sign made from recycled metal. The furniture from the old Century 21 office was given to the Habitat for Humanity ReStore in Big Pine Key. First State Bank will be celebrating the grand opening of the new branch all next week with free tours, coffee, holiday cookies and a drawing for a chance to win a gift card.
The new building will give the bank better visibility on this most populous island in the Lower Keys. But First State already has two other branches here: one inside the Winn Dixie grocery store, and another the bank calls the 'annex' - a very small space in the building across the parking lot, on the southwest corner of the Winn Dixie shopping plaza.
The bank planned to close the annex for good on Friday and move employees over to the new building to start work on Monday. The branch in the Winn Dixie will remain open for about another 90 days, says Lanman. Branch manager Shana Casey will oversee both locations, and employees will go back and forth between the two.
For customers of First State on Big Pine Key, the new branch means not having to park and get out to do your banking. And it also means having a place to meet with a loan officer in a private office. One loan officer will be moving to the new Big Pine branch from another location to accommodate potential lenders.
Key West architect and designer Michael Ingrahm, a principal in the firm MBI/K2M, did the redesign of the new First State branch, using millwork and other details that his firm designed for First State Bank when they were hired to do design work at the bank's main branch on Simonton Street.
Headquartered in Key West, First State Bank of the Florida Keys is a locally owned and operated community bank with 13 branches and 32 ATMs throughout the Keys. The bank was founded in 1955. "
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