Cedar Rapids, Iowa News, Sports, and Weather
CEDAR RAPIDS, Iowa - A San Francisco-based bank holding company is closing its office on the perimeter of Lindale Mall in northeast Cedar Rapids.
Bank of the West has posted a sign on the door of its branch at 4444 First Ave. NE informing customers that the office will close on Jan. 18. The bank is advising customers to use its office at 770 Seventh Ave. in Marion.
"Following a review of usage trends at our Marion branch and our Cedar Rapids Lindale branch, which are within two miles of each other, we are combining the branches into our Marion branch at 770 Seventh Ave.," said Jim Cole, vice president of corporate communications at Bank of the West.
"This change will allow Bank of the West to continue serving our customers in the community without compromising our commitment to quality service. We want to make this transition as seamless as possible for customers of our Lindale branch."
Cole said customers will see no change in their account numbers, online banking or other services. He said all of the Lindale accounts will be transferred to the Marion office and customers can continue to use their existing checks and ATM cards
Bank of the West also operates branches at 700 First Ave. NE, 3730 Williams Blvd. SW, 1556 First Ave. NE and 3235 Oakland Rd. NE in Cedar Rapids; 800 22nd Ave. and 1910 Eighth St. in Coralville; and 201 S. Clinton St. in Iowa City.
Bank of the West entered the Cedar Rapids, Coralville, Marion and Iowa City market in December 2005 after it acquired Commercial Federal Bank of Omaha. The latter had acquired Perpetual Savings Bank of Cedar Rapids in 1998.
The 3,700-square-foot building housing the Lindale office of Bank of the West was built and occupied by Perpetual in 1973. The building is owned by Bank of the West, according to the Cedar Rapids City Assessor's web site.