Bank of Idaho Expands to Meridian Area

Rhea-AI Summary

Bank of Idaho has expanded its presence in the Treasure Valley region with a new branch located at Fairview Avenue and Five Mile Road, which opened on May 16, 2022. This marks the fourth location in the area, following earlier expansions in Downtown Boise, Nampa, and Overland Road. The bank emphasizes support for small businesses, vital to Idaho's economy, and aims to build lasting relationships with clients. With a total of 11 full-service locations and a focus on SBA lending, Bank of Idaho continues to prioritize community growth and local engagement.

Positive

• New branch opening increases accessibility for customers in Meridian.
• Focus on small businesses enhances local economic growth.
• Strong community engagement improves customer relationships.

Negative

• None.

MERIDIAN, ID / ACCESSWIRE / May 25, 2022 / Bank of Idaho confirms further expansion in the Treasure Valley region by announcing a fourth location at the corner of Fairview Avenue and Five Mile Road, conveniently situated for businesses and residents near the city of Meridian, Idaho. The branch opened May 16.

The warm Treasure Valley welcome from customers when the bank first expanded westward into Downtown Boise in January 2019, has spurred Bank of Idaho leaders to meet demand head on with 3 more locations: downtown Nampa, summer 2019; Overland Road fall 2019; and now a new Meridian area location at 10556 W Fairview Avenue.

Bank of Idaho is a community bank focused on the advancement of small businesses, as they recognize them to be the lifeblood of Idaho's economy. The bank focuses on providing tools, local resources and team support that help build personal long-term relationships with their clients.

"We are excited to grow our roots deeper in the Treasure Valley," Bank President and CEO Jeff Newgard said. "What a great team of banking pros we have put together to help folks from the Meridian area. It really is exciting! Our best friends and neighbors just happen to also be our clients, and that's how we like it."

"The response here has been overwhelming and it encourages our methods - being quick and nimble and having decision makers with boots on the ground serves to help keep business moving," Newgard said.
The Bank of Idaho Fairview Branch team will be made up of some familiar faces from the area: Rocio Rivera, Retail Branch Manager; Keith Demaline V.P. Commercial Loan Manager; and Carole Howell, Commercial Lender.

About Bank of Idaho

For 37 years, Bank of Idaho has been a financial fixture in the eastern Idaho community since the original location opened in downtown Idaho Falls, and where headquarters are still located today. Later expanding to include now 11 full-service locations, and 4 mortgage offices across the state. Stock for the Bank of Idaho Holding Company opened to public trading on the OTC-QX market under the symbol BOID October 2019. With community growth their first priority, Bank of Idaho focuses on small businesses, and is Idaho's leader in SBA lending.

Contact: Tyler Kraupp
Phone: 1.208.390.0667
tylerkraupp@bankofidaho.net

SOURCE: Bank Of Idaho Holding Co

View source version on accesswire.com:
https://www.accesswire.com/702605/Bank-of-Idaho-Expands-to-Meridian-Area

FAQ

When did Bank of Idaho open its new branch in Meridian?

Bank of Idaho opened its new branch in Meridian on May 16, 2022.

How many locations does Bank of Idaho have?

Bank of Idaho currently has 11 full-service locations across the state.

What is Bank of Idaho's stock symbol?

Bank of Idaho's stock symbol is BOID.

What is Bank of Idaho's focus regarding business support?

Bank of Idaho focuses on supporting small businesses, which are vital to Idaho's economy.