Embassy Bank for the Lehigh Valley will be opening its ninth location. This newest branch will be in Macungie on Route 100/West Main Street between Gehman Road and South Church Street.
Dave Lobach, president and CEO of Embassy, said the bank chose Macungie for a new branch because of the demand.
“We’ve had a lot of requests from Macungie, Emmaus, Zionsville and the surrounding areas,” he said.
He noted that Embassy already has a presence in the region.
“We currently have a number of residential and business customers in the Macungie area serviced by our Trexlertown office and our online banking options,” Lobach said. “This new office will provide even more convenience and allow us to serve this community more effectively.”
He noted the bank has been a longtime sponsor of several Macungie events, including the Das Awkscht Fescht classic car show and the Halloween parade.
The last branch Embassy to open was last year in Nazareth. This is the bank’s 16th year in business.
Lobach said it remains committed to smart and local growth.
“Local is very important,” he said. “We are a Lehigh Valley bank.”
Lobach estimated it should be between 12 and 15 months before the branch opens. He said a number of approvals need to be obtained before he can estimate when the bank will break ground on the site.
Embassy is headquartered in Hanover Township, Northampton County. It had $882.4 million in deposits as of June.