OWEGO, N.Y. — Tioga State Bank says it plans to move the Owego office of its Tioga State Investment Services unit to a building at 18 Lake St. in Owego, which crews are currently renovating.
The structure was previously home to a branch office of First Niagara Bank, which closed in early 2014.
The Owego office of Tioga State Investment Services is currently located at 923 State Route 17C. It also operates a location in Ithaca.
The renovation work will provide office space for two of the bank’s investment-management employees. The structure will also house four apartments and a 24/7 deposit-automated ATM, Tioga State Bank said in a news release.
TSB Services, Inc., the holding company for Tioga State Bank, owns the building at 18 Lake St., the company said in a follow up email in response to a BJNN inquiry. It declined to disclose the project cost.
Tioga State Bank is “pleased” to be involved in the renovation project in one of its “core” neighborhoods, Robert Fisher, president and CEO of Tioga State Bank, said in the release.
“The Lake Street development is a harbinger of good things to come for this area, we think. For people to be able to meet with local investment-services representatives in a newly renovated space like this, right on Lake Street, is a real plus for our community. The added convenience of a 24/7 deposit-automated ATM will also be a welcome addition for local businesses and consumers,” said Fisher.
Tioga State Bank will host an open tour of the investment-services office at the Lake Street building Wednesday, Feb. 3 at 2 p.m., the bank said.
Tioga State Investment Services should be operating in the Lake Street location by this summer with a formal opening planned, the company added in the email response.
Tioga State Bank provides financial services to the Southern Tier of New York and Northern Pennsylvania with 11 offices in Broome, Tioga, Chemung and Tompkins counties, according to its news release.
Contact Reinhardt at ereinhardt@cnybj.com
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