MASON CITY – CENT Credit Union is formally announcing the purchase and renovation of two vacant buildings in Mason City for use as CENT locations:
The CENTer: CENT has purchased the former Bank of America building (25 West State Street) adjacent to the Historic Park Inn and Central Park in downtown Mason City. This facility has been vacant since the closure of Bank of America in August, 2016. It will serve as CENT’s new headquarters, and will allow for tremendous growth in employment and opportunities to serve new and future members.
CENT WestSide: CENT has purchased the former Community National Bank building (3124 4th St. SW) located next to Applebee’s and Mills Fleet Farm on Mason City’s west end. The facility has been vacant for approximately three years.
“This is truly a monumental day in the history of CENT Credit Union,” said Matthew Chizek, CENT President and CEO. “Since 1965, we’ve been focusing on helping the people in this community, and thanks to their support, we’re able to make this change.”
“We’re also honored to provide a tremendous service to the city of Mason City by finding new use for a large unused property right in the heart of downtown, and a long-vacant building on the growing west side,” Chizek said.
Relocation into the new facilities is expected to be complete on May 1, 2017. As part of the relocation, CENT’s two current locations will close.
“We’re also honored to provide a tremendous service to the city of Mason City by finding new use for a large unused property”??? Duh, they are leaving behind 2 vacant buildings!!!!!!
you know when part of it was City Employees Credit Union it was a nice personel bank, everyone was friendly and knew you by name, now you are just a number. employees have been going thru a swinging door, every time you go there there is a new face and they ask you your number. Bring back the old!!! And don’t tell me “you don’t like it go somewhere else” I already did, went to the friendly faces at clear lake bank
Did they get city approval?
I thought the downtown building was going to be torn down and turned into a parking lot for the Historic Park Inn and hockey rink.
Good news that they are successful enough to expand out to the building by Applebee’s. Very limited use building except for being a bank.
Now something needs to be done with the old Marshall and Swift building.
The Marshal and Swift building could be bulldozed for a hotel and parking ramp also. Mason City is going to be flooded with tourists.
I have heard that Chodur bought the Marshall and Swift building. But, he probably bought it on contract and will default on it.
Just a trade off on the buildings. But, nice to see a business grow in this town without taxpayer money.
Except now we have two empty buildings in town – so net neutral.
Typo in the expected date 2016/2017
Nice to see!