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Lake City Bank Announces Plan for Fifth Indianapolis Market Location in Greenwood

WARSAW, Ind., April 20, 2016 (GLOBE NEWSWIRE) -- Lake City Bank confirmed its next location in the Indianapolis market at the southeast corner of Smith Valley Road and State Road 135, in Greenwood. The bank recently acquired an existing facility in the core of the Greenwood community and will begin significant renovations of the facility soon. The office is expected to open in early 2017.

The new office joins a regional headquarters at 96th Street and Meridian that opened in 2011, an office in Fishers on Marketplace Drive at 131st Street and Hwy 37 that opened in 2013, an office in Clearwater Crossing at 82nd Street between Keystone Avenue and Dean Road that opened in 2014, and an office at 96th Street and Michigan Road that opened in 2015.

The new office will provide technology-driven banking solutions for business and retail clients as well as direct access to specialists in commercial banking, wealth advisory services, treasury management services, retirement services and merchant card services. It is Lake City Bank’s first office serving the southern Indianapolis market, and the bank’s first in Johnson County.

“We are very pleased that our continued growth in the Indianapolis market has enabled us to finalize our fifth location, and our first in Johnson County,” said David M. Findlay, President and Chief Executive Officer. “Greenwood is a vibrant and growing community and we’re confident that our focus on building relationships with our clients and responding to their financial services needs with relationship-based financial services will be well received.”

Lake City Bank’s product set lends itself to the solutions customers look for—including mobile banking and deposits, online banking and bill pay and traditional, in-branch banking. Customers choose the time, place and method of banking that works best for them. The bank’s community bank focus built around strong business relationships has supported its growth in the market.

“At our core, we are a community bank, and Greenwood represents a wonderful next step for our growth in the Indianapolis market, which continues to be receptive to Lake City Bank’s client-focused commercial and retail banking strategy. We are excited to continue our expansion in the market. Clearly, our community banking strategy, accompanied by competitive technology solutions, is working,” said David M. Findlay, President and Chief Executive Officer.

Lake City Bank, a $3.8 billion bank headquartered in Warsaw, Indiana, is the fourth largest bank in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 48 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq:LKFN). For more information visit www.lakecitybank.com.

Contact: Mary Horan Vice President Director of Marketing and Public Relations 574 371-9280 office 574 377-9150 mobile mary.horan@lakecitybank.com

Source:Lake City Bank