New Tripoli Bank will add a third location to its portfolio with the start of construction on its newest office in Upper Milford Township near Emmaus.
Bank officials and state and federal representatives attended a groundbreaking ceremony Tuesday on Buckeye Road to mark the start of construction.
“We made a commitment to the community,” said David Hunsicker, president and CEO of New Tripoli Bank. “We picked this area because New Tripoli is a great community. We want to do them in communities that are very similar. This is a great area.”
The building, between Emmaus and Macungie, will be slightly more than 15,000 square feet and is expected to have 12 employees.
New Tripoli Bank, in existence since 1910, has other locations in Lynn and Lowhill townships.
He said he expects construction to be finished by August.
John Hayes, executive vice president and chief lending officer for New Tripoli Bank, said plans for the new office have been a few years in the making.
“Community banks make over 75 percent of the loans that drive our small businesses,” Hayes said. “We want to make the building part of the community, as well.”
The full banking facility would be two stories, plus a lower level, Hayes said. The bank would include branch staff and wealth management and lending staff and offer full bank services. The building also will have a meeting space for local organizations.
Bank officials declined to disclose the cost of construction.
The project involves demolition of several vacant buildings.
Ondra-Huyett Associates of Upper Macungie Township is the construction manager.
Spillman Farmer Architects of Bethlehem designed the project, and Barry Isett & Associates of Upper Macungie Township is the engineer.