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Commercial banks

Star Bank Expands into Greater Miami Valley with In-Store Branches

Strategic Insights

— 1 min read

Star Bank, N.A. has made a significant move in the Dayton, Ohio market by announcing the opening of five new full-service branch locations within four Cub Foods stores and one Lofino's supermarket. This collaborative effort aims to provide customers with a seamless shopping and banking experience. Mike Lofino, owner of Lofino's supermarkets, and Ron Amos, regional president of Star Bank in Dayton, made the joint announcement on December 7, 1995.

Key Takeaways:

  • Star Bank will open five new full-service branch locations within four Cub Foods stores and one Lofino's supermarket in the Greater Miami Valley.
  • The new locations will be opened during January and February 1996.
  • The expanded network will bring the total number of full-service Star Bank locations in the Greater Miami Valley to 25.
  • The in-store branches will offer a range of services, including checking, savings, CDs, IRAs, installment and mortgage loans, investment opportunities, and credit card products.
  • Star Bank will offer its "Star Bank 24-Hour Remote Banking" service, a fully integrated customer service and banking convenience package that includes branch banking, voice-activated phone banking, PC banking, super ATMs, screen phone banking, video kiosk banking, and Internet banking.
  • The extended hours of operation for the new locations will be Monday through Saturday from 10:00 A.M until 8:00 P.M, and Sunday from noon until 5:00 P.M.

Statistics:

  • The total number of full-service Star Bank locations in the Greater Miami Valley will increase to 25 after the opening of the new branches.
  • The five new locations will be opened within four Cub Foods stores and one Lofino's supermarket.
  • The in-store branches will offer extended hours of operation.
  • Star Bank will have opening hours of 10:00 A.M until 8:00 P.M, Monday through Saturday, and from noon until 5:00 P.M on Sunday.

Sources:

  • Business Wire, Dec. 7, 1995
  • Star Banc Corporation
  • Mike Lofino, owner of Lofino's supermarkets
  • Ron Amos, regional president of Star Bank in Dayton
  • Steve Dale, 513/632-4524, Star Bank

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