MATTOON -- First National Bank has opened its newly constructed Wealth Management Center, a full-service banking facility, on Broadway Avenue East.
This single-story facility, located along Illinois Route 16 near the Interstate 57 interchange, has a large atrium that extends above the lobby and is topped by large windows.
Preston Smith, president and CEO of Mattoon-based First National, said they asked their construction management firm, Tiedemann & Associates of Villa Ridge, Mo., to build a facility that would stand out at this high traffic, high visibility location.
"I told them we wanted a facility that looks like a two-story building, but with one story," Smith said. "We are really pleased with what we accomplished here. We believe we accomplished what we were after."
Tiedemann, which specializes in bank facility construction projects, also built First National's Lake Land Banking Center in 1998 at 511 Lake Land Boulevard. Smith said First National utilized local contractors for nearly every other aspect of the Wealth Management Center construction project.
Smith said First National opened the drive-up lanes at the 4,200-square-foot Wealth Management Center, 1117 Broadway Ave. East, in early April and opened the entire facility a few weeks later.
The Wealth Management Center takes its name from being home to First National's investment and trust departments, which were relocated from the still operating Lake Land Banking Center.
Smith said First National, which was chartered in 1904, purchased the old Central National Bank's trust department, Bank Central Trust, in 2000.
"Our trust department has grown in size. That created more need for room to house the trust department," Smith said.
First National's trust officer, assistant trust officer, and investment officer work at the Wealth Management Center alongside three tellers.
"Now we are fully staffed out here," Smith said, adding that he keeps office hours at both centers. "It's a full-serve banking center. You can transact any and all transactions here."
Smith said First National also has moved its data processing center from the Lake Land facility to a secure room in the basement of the Wealth Management Center. He said the new facility also has a gas-powered generator on site to keep this site operating during an electrical power outage.
First National banking services that had been offered since 1999 in the nearby Phillips 66 building have moved to the Wealth Management Center. First National still operates its Lerna Banking Center and plans to renovate the loan department offices and other spaces at the Lake Land Center this year.