Springs Valley Bank to expand in Daviess County

Springs Valley Bank & Trust Company (a wholly owned subsidiary of SVB&T Corporation) is expanding in Washington, Ind.

While many financial institutions are reducing the number of banking centers or simply exiting markets altogether, Springs Valley has chosen to do just the opposite. Springs Valley plans to open a full-service banking center in Washington. The new location at Washington Shopping Center, 1717 South State Road 57, Suite A will open early 2019.

“A convenient physical presence, augmented by a robust digital suite of products and supported by names and faces that are highly recognizable is the superior customer service experience that Springs Valley brings to Washington,” said Jamie Shinabarger, president and CEO.

Springs Valley Bank is a $400 million financial institution with current locations in Dubois and Orange counties. Springs Valley’s Financial Advisory Group holds assets of $472 million and specializes in retirement planning, estate planning, tax planning and wealth management.

The Washington Banking Center will have retail, residential mortgage, commercial lending, and financial services, as well as an Interactive Teller Machine (ITM) service.

“The Springs Valley Team is excited to develop new friendships and partnerships with the opening of the Washington Banking Center,” said Craig Buse, SEVP & CLO. “Our team will work hard to deliver superior service to help enhance the financial quality of life in Washington, Indiana as well as its surrounding communities.”

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