City National Bank to Open Morgantown Branch
October 16 2017 - 10:27AM
Business Wire
New banking center will serve the largest city
in North-Central W. Va.
City National Bank today announced it will break ground in early
2018 on its new branch office located on Pineview Drive in
Morgantown, W. Va. The branch is adjacent to the Holiday Inn and in
close proximity to WVU Hospital, Mon Health Medical Center, Mylan
Pharmaceuticals and the Evansdale campus of West Virginia
University, just north of WV Route 705.
“This new branch further expands City National Bank’s presence
in the important Morgantown market,” said Skip Hageboeck, President
and CEO of City National Bank. “Morgantown is one of the fastest
growing cities in West Virginia and the third largest MSA in the
state. We’ve operated a successful mortgage office here for a few
years and the new branch will provide additional access and
convenience for area residents and for the children of our
customers across our footprint who attend West Virginia
University.”
With more than 30,000 permanent residents and nearly 30,000
seasonal WVU students, Morgantown’s population has steadily
increased in spite of declining numbers elsewhere in the state.
With a diverse economy made up of various industries from state and
federal government to the private sector, Morgantown is home to a
robust pool of talented professionals and favorable business
conditions. The city’s workforce continues to grow as new jobs and
construction projects are added, making Morgantown an ideal market
to expand bank operations.
The Company and architect DEI Corp. have designed an attractive
one and one half-story, 1,500 square foot office for the site. The
facility will have two drive-thru ITM lanes. The brick façade will
be highlighted by an expansive glass tower and blue roof. Much of
the construction of the facility will be completed by local
contractors from Morgantown and the surrounding area.
“We are thrilled to be adding this important location in
Morgantown,” said Craig Stilwell, Executive Vice President, Retail
Banking. “We have been frequently asked by our customers to
increase our presence in the Morgantown area. This full service
facility, just off one of the most traveled corridors in the city
and close to several major employers and the West Virginia
University campus, will give City excellent visibility–and our
customers will enjoy increased access.”
City operates 86 branch locations across West Virginia,
Virginia, Eastern Kentucky and Southern Ohio. The new branch is
slated to open in late spring of 2018.
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version on businesswire.com: http://www.businesswire.com/news/home/20171016005770/en/
City National BankLeAnn Cain, 304-769-1138Marketing & PR
Managerleann.cain@bankatcity.com
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