Calhoun Banks is making two investments in Grantsville.
The century old bank is building a new main branch just outside the downtown area, and officials are in discussions about a possible donation of the existing facility to the Town of Grantsville for its use.
Ground-breaking on the new facility will be held on Monday, June 11, at 10 a.m.
According to bank officials, an integral part of the county for which it is named, Calhoun Banks was incorporated in 1900. Since its inception, the bank has grown, relocated, and added on.
Its current layout, with entrances in the front and back, and a remote drive through facility, is not efficient or customer-friendly.
For several years, the bank planned to renovate the former Grantsville Graded School, but eventually concluded that it was not feasible.
Since 2015, president and CEO Martha Hay-maker and her board have been working on a plan for a new facility at 433 High St.
“We need a structure that creates more func-tional, efficient space,” said Haymaker, “and we found a great piece of property close to downtown and out of the floodplain.
“Our goal is to serve our customers and our community, and we will be able to do this much better in the new facility.”
Working with the design build team of Pray Construction Co. and Goff Architecture, both based in Charleston, Calhoun Banks worked through the concept of renovating the former school to the development of a new facility.
The new bank will be an 8,000 square foot, one story, brick and stone building, with three drive-through lanes.
On hand for the ground-breaking ceremony will be bank officials and staff, as well as town and county dignitaries. The com-munity is also invited.