Officials with Webster City Federal Savings Bank have announced plans to build a new facility to be located at the corner of Fairmeadow Drive and Superior Street. The construction on the new two story 15,880 square-foot building is scheduled to begin this April with completion slated for early 2014. Webster City Federal President and Chief Executive Officer Stephen Mourlam said the time is right to build this new facility. Mourlam said the new facility will allow the bank to build its customer experience, support future growth of the institution and the services they provide and reflects the strong commitment to the future of Webster City and surrounding communities. The two story facility will feature green building materials and components and has been designed in an efficient manner to handle current and future banking services. The efficiencies will allow employees to better serve customers in a professional, confidential, secure and timely manner. Customer convenience has also been designed into the new building and will include front door parking, a comfortable waiting area complete with a fireplace and easy accesss to the ATM and drive up facilities.The new building will sit at an angle with the front entrance facing the corners of Superior Street and Fairmeadow Drive. Customer parking will be located to the south of the structure with the drive up being located to the east. The existing full-service ATM will remain in its present location. In addition to the space for Webster City Federal's operational needs, a 1,250 square-foot Community Room will be available for use by the public, independent of Webster City Federal's business hours.
Single Source LLC of Cedar Falls will serve as the general contractor on the project. Specs on the building project will be sent from Single Source to local contractors later this month.
Webster City City Manager Ed Sadler said that this is a great example of the positive growth that is occurring in Webster City. "Van Diest Medical Center, Farm Credit Services, Fareway, Hy-Vee, Casey's General Store, Town and Country Insurance and the Webster City Competitive Gymnasium are just a few examples. The decision by Webster City Federal to build new shows their commitment and confidence in the future of Webster City and surrounding communities".
Webster City Federal has been a full service community bank since 1934. The bank is currently located at 820 Des Moines Street with ATM services within Van Diest Medical Center and at the corner of Superior and Fairmeadow Drive in Webster City.