Midland States Bank building bigger branch

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MIDLAND STATES BANK has submitted plans for the construction of a new 2,058 square-foot banking facility in the village of Diamond. The company’s plan is to build on property it currently owns and operate a drive-thru banking center on the southeast corner of Route 113 [Division Street] and Berta Road.

By: 
Ann Gill
Editor

Midland States Bank is planning to build a bigger branch office in the village of Diamond.
The financial institution currently operates a drive-thru banking center at the southeast corner of Route 113 [Division Street] and Berta Road, and it plans to expand its operation at that location.
At the bank’s request, the town’s Planning and Zoning Board recommended the site be re-zoned from retail business [B1] to service business [B3]. The Village Board agreed and voted in the change at a meeting last month.
At the time, the village commissioners also approved a final plat of subdivision, site plan and entered into a development agreement with Midland States Bank.
Cindy Haywood, Diamond’s zoning administrator, reports the banking company is splitting the property into two buildable lots.
The new banking facility will be constructed on the west lot closest to Berta Road and the east lot will remain vacant for the time. An access drive will connect the two lots.
At 2,058 square-feet, the new walk-in facility will feature two drive-thru lanes on the east side of the facility and its parking will be to the west.
Diamond Mayor Terry Kernc said she likes the building design, saying its, “simplistic with quality materials.”
The existing brick structure is within the footprint of the new facility and will be demolished, however Haywood said the company plans to maintain operations at the site until it has to come down to make way for the new building.
Midland States Bank has agreed to cover the cost of installing a crosswalk signal at Berta Road and Division Street. The price tag for the improvement is around $40,000.
“They said they want to be good neighbors and they are going to add that as part of the project. They did not balk at it,” Kernc said.
Currently the village has not been provided a timeline for construction.
Earlier this year, Midland States Bank closed its facility in downtown Coal City and placed the 4,934 square-foot building for sale at an asking price of $299,000.
The company operates banking locations throughout Illinois and portions of Missouri.