By Ethan Colbert
Community State Bank of Missouri announced last week that the Bowling Green-based financial institution had purchased 1.168 acres of property within the Town Centre Shopping Center.
According to a news release from the bank, the bank has no plans to develop the property at this time. The bank may develop plans for the property as the Bowling Green community continues to grow.
In a news release, bank officials said, “as the community has grown, so has the bank. The bank looks forward to the future growth opportunity for the bank and the community. This purchase demonstrates continued investment and commitment to this community and the customers of the bank. We feel like there is going to be a lot more traffic in the long run,” said Mark Goodin, the bank’s Executive Vice-President and Co-Chief Executive Officer.
Goodin and Community State Bank’s other Executive Vice-President and Co-CEO Paul Hill spoke to the Times on Monday about the land acquisition.
Both Goodin and Hill reiterated what was stated in the news release.
According to the archives, Community State Bank traces its origins back to 1887 when the bank was originally founded in Curryville.
In 1945, the bank moved to 22 West Main Street in Bowling Green and was renamed to the Community State Bank of Bowling Green.
In 1968, the bank moved to its present location at 117 West Church Street in Bowling Green.
The West Church Street facility was expanded in 1989 and it will remain the main facility for the bank, according to company officials.
“The big thing that we wanted to get across to the community is that we are not leaving the Square,” Hill said.