MANITOWOC, Wis., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Investors Community Bank CEO Tim Schneider announced that the bank has agreed to purchase the former Manitowoc Company headquarters at 2400 S. 44th Street in Manitowoc and is planning on moving to the site at a future date.
“As ICB continues to grow, we are nearing capacity in our existing space. We are currently housed in two buildings at our Rapids Road location, so we wanted to look at larger facility options and remain in the community,” said Schneider. “The former Manitowoc Company building is a perfect fit for our employees and space needs, as it also allows for future expansion under one rooftop.”
Added Schneider: “We are thrilled to be able to expand into this space and make a long-term commitment to Manitowoc County. Our roots were formed in this community more than 20 years ago when we first opened Investors Community Bank, and this move solidifies our dedication to remaining a viable part of this area, as well as the regional banking community.”
He said they are currently working on a facilities transition plan, and no timeline has been set for the move. More details will be forthcoming.
Investors Community Bank, a wholly-owned subsidiary of County Bancorp, Inc., is committed to serving the financial needs of businesses, farmers and families in our communities. Founded in 1997, Investors has become one of the most successful bank startups in Wisconsin’s history and has full service offices in Appleton, Green Bay, Manitowoc and Stevens Point, as well as Loan Production Offices in Eau Claire, Sheboygan, Darlington and Fond du Lac. County Bancorp Inc.’s common stock is traded on the NASDAQ global market under the symbol ICBK. For details visit www.InvestorsCommunityBank.com.
About County Bancorp, Inc.
County Bancorp, Inc., a Wisconsin corporation and registered bank holding company founded in May 1996, and our wholly-owned subsidiary Investors Community Bank, a Wisconsin-chartered bank, are headquartered in Manitowoc, Wisconsin. The state of Wisconsin is often referred to as “America’s Dairyland,” and one of the niches we have developed is providing financial services to agricultural businesses statewide, with a primary focus on dairy-related lending. We also serve business and retail customers throughout Wisconsin, with a focus on northeastern and central Wisconsin. Our customers are served from our full-service locations in Green Bay, Appleton, Manitowoc and Stevens Point, and our loan production offices in Darlington, Eau Claire, Sheboygan and Fond du Lac.
Investor Relations Contact
Timothy J. Schneider
CEO, Investors Community Bank
Phone: (920) 686-5604
Email: tschneider@investorscommunitybank.com