SPRINGS VALLEY BANK & TRUST COMPANY TO OPEN A BANKING CENTER IN PRINCETON, INDIANA

(NNDC) –

Springs Valley Bank & Trust Company purchased the First Financial Bank, N.A. building located at 1501 West Broadway, Princeton, Indiana.

First Financial Bank N.A. and Springs Valley Bank & Trust Company, a wholly owned subsidiary of SVB&T Corporation, have signed a definitive agreement for the sale of the banking center located at 1501 West Broadway, Princeton, Indiana. This sale is real estate only. Springs Valley will open their full-service Banking Center late 2019 or early 2020.

“As a relationship bank, we are pleased to expand into Gibson County and introduce the Springs Valley brand and our competitive products and services to the residents and business owners of the local communities, “said Jamie Shinabarger, President & CEO.

Springs Valley Bank is a $440 million financial institution with current locations in Dubois, Orange and Daviess Counties. Springs Valley’s Financial Advisory Group holds assets of $470 million and specializes in retirement planning, estate planning, tax planning and wealth management. The Princeton Banking Center will have retail, residential mortgage, commercial lending, and financial services.

“The Springs Valley Team is excited to develop a presence and build relationships with Gibson County communities,” said Craig Buse, SEVP & CLO. “Ross Key’s, Springs Valley’s Agriculture Relationship Manager, primary office will be located at the Princeton Banking Center and he will have a team of local faces helping him enhance the financial quality of life in the community”.

Springs Valley Bank is a member of FDIC and is an Equal Housing Lender.

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