Bank of Edwardsville Plans New Office in Illinois

Jun. 22--EDWARDSVILLE -- Facility will be at Harvard Square

ND/Steve Nagy The Bank of Edwardsville is returning to its roots.

After much recent expansion, the 138-year-old bank will break ground in familiar territory this morning at what will be its first new bank in Edwardsville in 30 years. The new bank to be constructed at the new Harvard Square shopping center at Harvard Drive and Troy Road will take the place of the building located just a few blocks away at 300 Montclaire Ave. that has served the neighborhood since 1976.

The new 5,000-square-foot building will offer customers more drive-up lanes, a 24-hour drive-up automatic teller and more safe deposit boxes and more space than the current 3,200-square-foot bank at Montclaire.

Bank President Tom Holloway said the bank wants to maintain its presence in an area it has served for three decades.

"We are not only celebrating the start of construction on another great banking facility, but we are also celebrating the fact that we are planting our roots even deeper into the community that helped make The Bank of Edwardsville such an outstanding institution," Holloway said.

This follows the bank's recent expansion of the Edwardsville-based bank's first St. Clair County branch in Swansea in November. Earlier this year, the bank opened a second at the former Old National Bank at Green Mount Crossing in O'Fallon.

The bank joins Qdoba Mexican Grill, the only business to open at the new 9,100-square-foot shopping center, which is being built at the former Montclaire Bowl bowling alley. Other retailers that plan to open there include Cold Stone Creamery, Fantastic Sam's hair salon, Cingular Wireless and Little Caesar's Pizza.

The Bank of Edwardsville has 16 locations: in Edwardsville, Alton, Bethalto, Collinsville, Glen Carbon, Granite City, Highland, O'Fallon, Pontoon Beach, Swansea and Troy. The bank's assets exceed $1 billion.

Contact reporter Will Buss at or 345-7822, ext. 24.