LOSB opens new branch in Walkerville

WALKERVILLE — On Jan. 22, Lake Osceola State Bank hosted a ribbon cutting ceremony for its newest branch in Walkerville.

Snacks and refreshments were offered as the bank officially marked the start of business in the village. Several bank employees and managers were in attendance as well as a significant number of local residents.

The decision to build the new branch was made in May of 2015, shortly after West Shore Bank announced it would be closing its Walkerville branch. Construction on the LOSB building then began in October.

"It's a full-service branch, with all of our services and products available, including internet banking, loans, a drive-through and anything else people may need," said Debbie Smith-Olson, the LOSB Chairman and Chief Executive Officer.

The LOSB officials said this new branch will serve as a continuation of the bank's goals to bring quality banking resources to more rural areas.

"Walkerville has been a financially underserved community and we want to partner with them and do business with them," added LOSB President Robert Fisher. "We've been a bank since 1908 and we've been specializing in small communities for all 108 years. This will be our ninth location and we hope people will be satisfied with the quality of service we provide here."

There was an overall sense of approval at the ribbon cutting ceremony with many residents saying they are relieved they wouldn't have to travel far for their banking needs. The staff, too, expressed their happiness at the new branch opening.

"I was glad they opened this branch because I live right down the street," remarked bank teller Tashena Wambaugh. "It's also great as a place to work. I love the people I work with and the people who trained me. It's great here."

Smith-Olson said she was very pleased with the ribbon cutting and voiced her particular pleasure that so many members of the Walkerville community attended. She said she hopes this means the new bank will quickly be regarded as part of the town.

"This was an underserved area and West Shore Bank closed here in June," said Smith-Olson. "We knew we had a lot of people asking us to open a branch here. We're very excited to be here and have the public here and be part of this community."