Kokomo Tribune; Kokomo, Indiana

Business

October 27, 2013

First Farmers lays out downtown game plan

New bank branch should be open in January.

First Farmers Bank & Trust is planning to relocate a significant portion of its information technology department and the regional offices of its wealth management division to downtown Kokomo, probably starting in December, bank officials said this week.

Plans are in the works to bring a fully operational bank branch and strategic operations center to the newly acquired Armstrong Landon building, with the branch to be up and running some time in January, according to First Farmers vice president of marketing and public relations Tade Powell.

“The overall space that we’re taking on is perfectly suited to several aspects of our business. We’re in the process of designing the layout to maximize efficiency and effectiveness of the different departments. It’s clear that the sheer amount of square footage will allow us considerable flexibility for a variety of possibilities going forward,” said the bank’s Chief Operating Officer Dave Eikenberry.

Signage for the building will incorporate both First Farmers and Ivy Tech Community College, which will be occupying two stories of the six-story building. The building sits on the southwest corner of Sycamore and Main streets downtown.

“We’re exploring some unique options for signage that would highlight the grandeur of the building itself,” Powell said.

“It is such an impressive structure and our goal would be accent that accordingly. The project will represent a significant aspect of our overall operations and I think you want the look and feel of the signage to reflect that. We’re committed to representing the building well and displaying something that the people of Kokomo are proud of.”

Specific timeframes for the project are undetermined at this point, pending the regulatory approval process, but efforts to relocate equipment and staff are set to begin in December. First Farmers Bank and Trust hopes to have the lobby branch open by January.

Text Only | Photo Reprints
Business
  • Honda Tougher Compact Car [Duplicate] Honda bolsters Fit to boost crash resistance DETROIT (AP) — When the subcompact Fit failed a crash test, Honda went back to the drawing board. The tiny Fit, redesigned for the 2015 model year, initially flunked the Insurance Institute for Highway Safety's small overlap test, earning just a "Mar

    August 22, 2014 1 Photo

  • Financial Markets Wall Street-6 [Duplicate] Asian stocks higher after S&P 500 record close HONG KONG (AP) — Asian stocks inched higher on Friday after a record day on Wall Street powered by upbeat data that adds to evidence the world's biggest economy is gaining strength. Gains were tempered as investors awaited a key meeting of U.S. centr

    August 22, 2014 1 Photo

  • At Jackson Hole, central bankers eye varying goals WASHINGTON (AP) — The central bankers meeting this week at their annual conference in Jackson Hole, Wyoming, aren't exactly in sync. Many are taking steps that clash with the policies of others. The Federal Reserve is preparing to reduce its economic

    August 22, 2014

  • Apple Stock [Duplicate] Apple's stock bounces back to hit a new high SAN FRANCISCO (AP) — Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs. The milestone represents

    August 20, 2014 1 Photo

  • Eriks MAIN Eriks Chevrolet celebrates after completing tornado recovery When Eriks Chevrolet vice presidents Karen Bellus and Tom Rethlake looked out across the property of their dealership directly after the Nov. 17 tornado, they saw a scene of absolute devastation. Over $1 million in damage was done to the facilities.

    August 13, 2014 2 Photos

  • EPA Weed Killer [Duplicate] Decision could boost use of popular weed killer WASHINGTON (AP) — Faced with tougher and more resistant weeds, corn and soybean farmers are anxiously awaiting government decisions on a new version of a popular herbicide — and on genetically modified seeds to grow crops designed to resist it. Criti

    August 13, 2014 1 Photo

  • Posh Salon earns Redken Elite status Posh Salon and Day Spa became just the fifth Indiana salon to achieve Redken Elite Salon status, it was announced this week. As part of the honor, the Posh styling team will travel in November to the Redken Exchange for a three-day, hands-on training

    August 10, 2014

  • Cures for ourills revealed Goober Goodenough is a long-time member of the Indiana General Assembly. You probably know the roadside signs he puts up before every election: “Goober is Goodenough for Indiana.”It has surprised me that Goober has not had a bigger role in the curren

    August 10, 2014

  • Cool summer sets expectations for a record harvest DES MOINES, Iowa (AP) — A mild summer across much of the nation's heartland has provided optimum growing conditions for the nation's corn and soybean crops. Pair that with high-yield seeds and other new farming technologies, and the U.S. is looking a

    August 8, 2014

  • Report: Indiana consumer rebounds from recession INDIANAPOLIS (AP) — A new report by the U.S. Commerce Department shows that consumer spending in Indiana has rebounded from the end of the Great Recession faster than the national average. The report released Thursday estimates state-by-state consume

    August 8, 2014

Latest news
Featured Ads
Only on our website
AP Video
Furry Roommates: Dorms Allowing Cats and Dogs Chase Rice Defends Bro-Country 'Jersey Shore Massacre' Pokes Fun at MTV Series Raw: Wash. Mudslides Close Roads, Trap Motorists DC's Godfather of Go-Go Honored Ukraine Calls Russian Convoy a 'direct Invasion' Girl Meets Her 'one in the World' Match Coal Gas Boom in China Holds Climate Risks Japan Landslide Rescuers Struggle in Heavy Rain Raw: Severe Floods, Fire Wrecks Indiana Homes Endangered Red Wolves Face Uncertain Future Raw: Russian Aid Convoy Arrives in Ukraine Okla. Policeman Accused of Sex Assaults on Duty Dominican Republic Bans Miley Cyrus Concert Raw: Israeli Air Strike in Gaza Raw: Bodies of MH17 Victims Arrive in Malaysia Attorney: Utah Eatery Had Other Chemical Burn
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller