Security Savings Bank of Canton and Exchange State Bank of Luverne, Minn., are merging.
- Real Estate
- Food & Drink
A northwest Iowa bank that built its business in agriculture has expanded to Sioux Falls with a mission to better serve its existing customers and widen its customer base.
Exchange State Bank owns the land just north of Risen Savior Catholic Church along Highway 11 but likely won’t build there until 2019, said Tim Plimpton, bank president.
Security Savings Bank will start construction this month on a branch at 2331 E. 10th St., the site of a former Godfather’s Pizza restaurant that most recently was a used-vehicle dealership.