Lake City Bank Announces $12 Million Investment in Innovation and Technology Center

Core Insights - Lake City Bank plans to invest $12 million in the Innovation and Technology Center as part of its Downtown Warsaw Headquarters Campus expansion, continuing its investment in Warsaw and Kosciusko County, totaling $31 million since 2010 [1][6] - The construction of the 35,600 square foot office building is set to begin in early September 2025, with completion expected by summer 2026 [2] - The renovated center will support approximately 110 employees, enhancing collaboration among Technology Services, Information Security, Application Management, and Project Management teams [3][4] Investment and Expansion - The bank has invested $23 million in Downtown Warsaw and $31 million countywide since 2010, demonstrating a long-term commitment to the region [1] - The renovation aims to modernize a facility originally constructed in 1968, which was purchased by Lake City Bank in 2024 [2] Community and Employment Impact - Lake City Bank is the largest employer in Downtown Warsaw, with 283 team members currently working in the area [3] - The renovation is expected to foster collaboration and support the bank's growth as a technology-driven community bank [4] Architectural and Design Features - The Innovation and Technology Center will feature a modern design that aligns with the bank's forward-thinking brand identity, including the preservation and repurposing of the original brick façade [5] - The project reflects the bank's commitment to repurposing older buildings and making significant capital investments in the community [6] Company Overview - Lake City Bank, founded in 1872, is a $7.0 billion bank headquartered in Warsaw, Indiana, serving Central and Northern Indiana with 55 branch offices and a digital banking platform [6]