• Saint George |
  • Cedar City |
  • Mesquite

  • More
  • More
  • More
  • Town & Country Bank Celebrates New Office Grand Opening
    by Local Business News
    Published - 02/26/10 - 08:25 PM | 0 0 comments | 13 13 recommendations | email to a friend | print
    Bruce Jensen, President of Town & Country Bank cutting the ribbon during the grand oening Thursday, February 25, 2010 for the bank's new offices at 405 East St. George Boulevard, St. George, Utah. (Photo Dawn Mclain)
    Bruce Jensen, President of Town & Country Bank cutting the ribbon during the grand oening Thursday, February 25, 2010 for the bank's new offices at 405 East St. George Boulevard, St. George, Utah. (Photo Dawn Mclain)
    slideshow
    (St. George, UT) - Town & Country Bank celebrated the opening of its new office at 405 East St. George Boulevard Thursday. Bank President Bruce Jensen flanked by employees, community leades and customers cut the ribbon at the event that featured free food and music by St. George favorite son Dan Truman of Diamond Rio.

    The bank decor resembles a historic country inn more than a type bank. The new downtown building was specifically designed to accommodate Town & Country's unique banking model which offers sit-down “concierge banking” for all customer transactions seated comfortably with a banker. The ambiance of a fireplace, chiming grandfather clock and shelves of old books offers a relaxed family friendly setting in a noticeable departure from today's typical financial institutions.

    Town & Country Bank ended its second year of operation last week ahead ahead of the bank's business plan. Assets have increased to $60.8 million, fueled by loan growth that exceeded projections by more than 5.2%. Outstanding loans now total $40 million. Deposits currently total $52.9 million and have outpaced growth targets due to gains in non and low-interest bearing accounts.

    Town & Country CEO Bruce Jensen says, “All our trend lines appear positive, and we are pleased with our consistent quarter-to-quarter growth. Our loan portfolio is performing substantially above industry levels and expenses are in check. The grand opening has been a wonderful way to get people to discover who we are,' said Jensen.

    Town & Country Bank will host weekly concerts every Friday in its lobby at the new location featuring local musicians and music students.

    For more information go to www.tcbankutah.com

    Comments
    (0)
    Comments-icon Post a Comment
    No Comments Yet
    Loading
    Submit an Event