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Economic Development Archived News

Posted on: August 23, 2023

State Bank Announces Expansion of Brownsburg Banking Center

State Bank

State Bank, an independently-owned and operated community bank, announced a major expansion project for its main office along 56th Street in Brownsburg while consolidating its two Brownsburg locations.

The future State Bank campus will be a three-phase initiative with a reimagined banking center, an outdoor community plaza, and an additional office building to accommodate the growing bank’s resources. Phase one is currently underway. A new, multi-lane drive-thru, private offices, and individual teller stations are being added to provide customers with a personal, customer-centric experience. Phase one also includes a safer, easily accessible layout with additional access points to and from the bank.

The future State Bank campus will have a modern outdoor plaza surrounded by lush green space that will be available for community use. The campus, accessible by sidewalks, will complement the Town of Brownsburg’s efforts to become a walkable and bikeable community connecting neighborhoods, parks, and schools to key destination areas through sidewalks and trails.

State Bank’s expansion of its main office corresponds with consolidating its two Brownsburg banking centers and closing its Garner Road location.

The shift to digital transactions has led banks to change business models around product and service delivery. More and more customers are using remote channels for their banking needs. As a result, more transactions are happening outside the banking centers.

The consolidation of the banking centers will happen on December 1, 2023, with the retainment of all employees.

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