Bank plans downtown branch
A local bank plans to open a branch in downtown Grand Rapids this year.
Grand Rapids-based United Bank of Michigan said yesterday it will open a location at 44 Ionia Ave. SW during the fourth quarter of 2018.
The bank did not disclose the cost of the project and said it is still finalizing plans before beginning construction.
“The new office will be an open, inviting space equipped with the latest technology,” said Mike Manica, president and CEO, United Bank.
Manica added that United Bank is “a truly local community bank.”
Grand Rapids-based Progressive AE is the project’s architect, contractor and interior designer.
Founded in 1887 in Wayland, United Bank is a “closely held” institution with more than $600 million in assets.
The bank, which offers personal and business banking, operates 12 branches throughout West Michigan, as well as wealth management and insurance divisions.