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Lake City Bank Announces Market Expansion In Fort Wayne At Electric Works

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Lake City Bank announced expansion in the Fort Wayne market due to its continued growth. The bank will lease approximately 15,025 square feet in Electric Works that will serve as the market headquarters of the bank’s commercial banking and credit administration teams. In addition, the bank will open a 2,500-square-foot full-service branch at Electric Works to serve the growing community generated by the further development taking place at the Electric Works campus.
The expansion further strengthens the bank’s commitment to serving the Fort Wayne community while investing in one of Northeast Indiana’s most transformative developments that has become a destination for businesses, entrepreneurs, residents and visitors from across the region, according to a news release from Lake City Bank.
Electric Works has transformed the historic former General Electric campus into a mixed-use destination that blends innovation, entrepreneurship, education, housing, dining and community engagement.
“Lake City Bank played a key role in bringing together the bank financing package that was critical to the development of Electric Works and we are excited to further contribute to the growth of the Electric Works community. Our significant commitment to Electric Works reflects the bank’s success in the Fort Wayne market over the last 27 years and our expectation that it will continue well into the future. Fort Wayne is a dynamic market and we’re looking forward to continued market growth,” said David M. Findlay, chairman and CEO.
Kristin L. Pruitt, president, said, “The addition of a branch at Electric Works reflects our focus on delivering a full array of financial services to an underserved community near the Electric Works campus. Community banking is about partnering throughout the community and we’re excited to bring Lake City Bank’s products and services to this great part of Fort Wayne.”