Indianapolis, IN
Merrillville-based Centier Bank expanding in Indianapolis market – Indianapolis Business Journal
Merrillville-based Centier Bank is in the middle of a growth spurt in the Indianapolis market, with two new standalone branches opened locally in recent months and four additional projects planned within the next year.
Centier hosted a grand opening Wednesday for its newest branch, a 3,800-square-foot office at the intersection of Allisonville Road and 62nd St., at 6210 Allisonville Road.
Another Indianapolis branch is set to open in late spring in a 3,500-square-foot space at the corner of 86th Street and Ditch Road, 1313 W. 86th St.
And a 6,000-square-foot Brownsburg branch, at 1000 E. Main St., is set to open in the fourth quarter.
All three of the branches are in existing buildings that previously served as J.P. Morgan Chase & Co. locations.
Centier entered the Indianapolis market in 2011 when it opened a loan production office in Carmel—a typical first step for a bank testing the waters in a new market. The bank currently has seven branch locations in the market: two in Indianapolis and one each in Carmel, Westfield, Zionsville, Whitestown and Fishers.
Centier CEO Mike Schrage said the pace of expansion is more aggressive than usual right now because the bank put its growth plans on pause during the pandemic.
But the bank has identified Indianapolis as among its target markets for growth, and it expects to continue adding two or three branches a year in the market over the next three to five years.
“It’s just going to be a methodical expansion,” Schrage said.
Centier’s local growth spurt began late last year. In late November, its Whitestown branch, which had previously operated inside a Meijer store, moved to a standalone location at 6378 Crane Dr., near the intersection of Whitestown Parkway and Interstate 65.
Schrage said Centier’s local plans over the next few years include establishing a branch presence on the south side. Centier’s only current south-side presence is a mortgage lending office in Greenwood.
Centier also has a couple of relocations in the works.
In June, the bank will move its Carmel branch from 568 E. Carmel Dr., selling that building and moving into leased space in an office tower at 650 E. Carmel Drive. The bank has secured naming rights to the tower, Schrage said.
Then, early next year, the bank plans to relocate its existing Westfield branch.
Centier’s roots trace to 1895, when Henry Schrage Sr. founded a bank originally called Bank of Whiting. The bank is in its fifth generation of family ownership and has $8.7 billion in assets. Its operating footprint includes nearly 60 branch offices in northwestern and northern Indiana as well as the Indianapolis, Lafayette/West Lafayette and Fort Wayne markets.
Even in the era of online banking, Schrage said Centier believes that it’s important for the bank to have physical locations.
“People still want to know that you have a presence,” he said.
INDIANAPOLIS — Indiana is under a heat advisory with temperatures in the 90s throughout the week.
Many cooling centers will open throughout the state for those that need to find relief from the heat. Hoosiers looking to find cooling centers in their area can contact Indiana 211. To learn more, call 211 or (866) 211-9966.
Avaliable cooling centers can also be found by clicking here.
Marion County
For those living in Indianapolis, Indy Parks has several cooling centers across the city.
Those Cooling Centers are:
- Broad Ripple Park Family Center
- Brookside Park Family Center
- Christian Park Family Center
- Frederick Douglass Park Family Center
- Garfield Park Burrello Family Center
- Krannert Park Family Center
- Grassy Creek Environmental Education Center
- Pride Park Family Center
- Rhodius Park Family Center
- Riverside Park Family Center
- Stanley Strader Park Family Center
- Washington Park Family Center
- Windsor Park Family Center
- Watkins Park Family Center
- Thatcher Park Family Center
For addresses and hours of operations of these cooling centers, click here.
Beech Grove will also have two cooling Centers for residents starting Monday, June 29. Those hours and locations are:
- Beech Grove Senior Center, 602 Main St
- 8 a.m. – 4 p.m., Monday through Friday
- Hornet Park Community Center, 5245 Hornet Ave
- 8 a.m. – 6 p.m., Monday through Friday
Other Central Indiana Cooling Centers
For addresses and hour of operations of cooling centers below, click here.
Marion
- St. Martin Community Center
- Grant County Family YMCA
- Grant County Rescue Mission
Kokomo
- The Kokomo Rescue Mission
- The Excel Center in Kokomo
Peru
- Community Resource Center
- Miami County Courthouse
- Miami County Health Department
- Miami County YMCA
- Peru City Hall
- Peru Public Library
- Peru Schools Administration Building
INDIANAPOLIS (WRTV) — The National Weather Service out of Indianapolis has issued a Heat Advisory for all of Central Indiana and a High Heat Warning for parts of northern Indiana. The Advisory and Warning will go into effect at 12 PM on Monday and will run through 8 PM Thursday.
WRTV
A Heat Advisory means that temperatures in the 90s with dew points in the 70s, will lead to Heat Index values reaching 106. Hot temperatures and high humidity may cause heat illnesses.
Stay cool:
Drink plenty of fluids, check up on relatives and neighbors, and stay in an air-conditioned room when possible. If outside for extended periods of time, make sure to take frequent breaks in the shade as much as you can.
TODAY
Patchy fog early gives way to a partly sunny, warmer, and much less active day. Highs reach the mid to upper 80s, with a light south breeze around 5 mph. After the unsettled Saturday, this looks like a far more usable day for outdoor plans, with most of central Indiana staying dry from start to finish.
TONIGHT
Mostly clear early, then becoming partly to mostly cloudy toward daybreak. Lows hold in the low 70s, with a light south southeast breeze around 5 mph. Humidity stays elevated overnight, but quiet weather continues and there are no meaningful travel concerns.
TOMORROW
Mostly sunny and hot with highs pushing into the low 90s. A south southwest breeze around 5 to 10 mph keeps the air moving, but the bigger story is the heat and humidity building in. Heat index values around or above 100 are possible during the afternoon, so outdoor plans will need extra water and more breaks.
TOMORROW NIGHT
Mostly clear and warm, with lows around the mid 70s and a light south southwest breeze. There will be very little cooling after sunset, and the muggy feel hangs on through the night. Dry weather remains in place.
TUESDAY
Sunny and even hotter, with highs in the low to mid 90s and a light southwest breeze around 5 mph. This is another day where heat becomes the main impact, and it will not take long to feel it during the afternoon. Outdoor work and summer activities will need to be paced carefully.
TUESDAY NIGHT
Clear and warm again, with lows in the mid 70s and a light southwest wind. The air remains sticky overnight, and there is still no meaningful rain signal for Indianapolis.
WEDNESDAY
Mostly sunny and hot, with highs in the low to mid 90s. Wind stays light, becoming south southwest around 5 mph in the afternoon. Heat remains the main concern, and another uncomfortable summer afternoon is expected across central Indiana.
7 DAY FORECAST
After Saturday’s leftover storm chances fade away, the pattern flips quickly toward heat and humidity. Sunday looks quieter and warmer, then Monday through at least Wednesday trend hot with highs in the 90s and heat index values over 100 possible at times. Rain chances stay very low through midweek, with the next better opportunity for showers and storms showing up later Thursday into Friday. Overall, the bigger concern after tonight becomes summer heat rather than repeated storm chances.
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