Springs Valley Bank and Trust Buys Princeton Bank Building, Plans to Open New Location There

FROM LOCAL SOURCES 

PRINCETON -- Springs Valley Bank and Trust is opening a new branch in the area.

The local bank purchased the First Financial Bank building on West Broadway in Princeton and they plan to open a new branch in that location by late 2019 or early 2020.

Bank management points out this is just a real estate sale.

“As a relationship bank, we are pleased to expand into Gibson County and introduce the Springs Valley brand and our competitive products and services to the residents and business owners of the local communities, “said Jamie Shinabarger, President & CEO.

Springs Valley Bank is a $440 million financial institution with current locations in Dubois, Orange and Daviess Counties. Springs Valley’s Financial Advisory Group holds assets of $470 million and specializes in retirement planning, estate planning, tax planning and wealth management. The Princeton Banking Center will have retail, residential mortgage, commercial lending, and financial services.

“The Springs Valley Team is excited to develop a presence and build relationships with Gibson County communities,” said Craig Buse, SEVP & CLO. “Ross Key’s, Springs Valley’s Agriculture Relationship Manager, primary office will be located at the Princeton Banking Center and he will have a team of local faces helping him enhance the financial quality of life in the community”.

Springs Valley Bank & Trust Company, is a subsidiary of SVB&T Corporation, headquartered at 8482 West State Road 56, French Lick, Indiana 47432 with administrative offices at 1500 Main Street, Jasper, Indiana 47546. 

Springs Valley has locations in Dubois, Orange and Daviess Counties, offering full-service bank and financial services.