By Northwest Bank—
COLUMBUS, OH—Northwest Bank recently announced that it’s seeking a buyer for its building located at 110 East Charles Street in Muncie, IN. With the sale, Northwest plans to remain in downtown Muncie and is actively looking for a new location to continue serving the needs of its retail and business customers.
“After careful consideration, we have decided to put our East Charles Street location on the market,” said Jennifer Gibson, Northwest Bank Indiana Region President. “Over the last five years, we have been operating a branch in a facility that was originally designed to hold an entire bank – we are simply underutilizing the space available in the building.”
“While we plan to remain in downtown Muncie, it no longer makes sense for us to maintain such a large property. It’s better to be in the hands of someone who can make full use of the facility,” said Gibson. “In the end, we want to ensure the best possible experience for our customers and will invest in a new facility that provides for greater access and convenience (lobby/drive-thru/ATM) space for our business partners.” Northwest will continue operating out of 110 East Charles Street until the new branch is completed.
“We love Muncie and will continue serving the community in an impactful way,” Gibson said. “We are committed to working with our Realtor and local officials to find the right buyer or developer to ensure the best future use of the building to further enhance the vitality of the community.”
If you’re interested in learning more about the building, please contact Monte Brown, Brian Allardt or Jacob Wagner at Coldwell Banker Commercial Real Estate Group at (765) 289-2228.
About Northwest
Headquartered in Columbus, Ohio, Northwest Bancshares, Inc. is the bank holding company of Northwest Bank. Founded in 1896 and headquartered in Warren, Pennsylvania, Northwest Bank is a full-service financial institution offering a complete line of business and personal banking products, as well as employee benefits and wealth management services. As of December 31, 2023, Northwest operated 134 full-service community banking offices and eight free standing drive-through facilities in Pennsylvania, New York, Ohio and Indiana. Northwest Bancshares, Inc.’s common stock is listed on the NASDAQ Global Select Market (“NWBI”). Additional information regarding Northwest Bancshares, Inc. and Northwest Bank can be accessed on-line at www.northwest.com.
