Hendricks County Bank and Trust Company (HCBT) has announced plans to build its headquarters in Brownsburg. The building will be constructed on the same site as the current main bank location at the southeast corner of Green and Main streets in Brownsburg’s Downtown District.
“It’s very positive. I’m excited to see growth. It’s been in the planning stages for over 10 years. We’re ready to get going,” said HCBT Chairman and President Stephen Denhart.
Construction is expected to begin in the first quarter of 2018. Crews will first demolish the old 1960s building and then start constructing the modern two-story facility. The project is expected to take a year to a year-and-a-half. When complete, it will house the main banking branch operations along with administrative and executive offices.
“Well, I think it is going to allow us to continue to advance. It will allow our main office staff to be under one roof instead of two. Right now, some of our staff is located across the street,” Denhart explained.
Bank leaders are being tight-lipped on the exact cost of the project.
The historic locally-owned bank (founded in 1908) already has five branches in Hendricks County. Denhart says the project is a reflection of the bank’s commitment to the area.
“It’s just modernizing the community to go along with the Brownsburg community revitalization. It’s very rewarding to see a business succeed or a development grow and be a part of that.”
The move will open up the opportunity for future expansion and the possibility of adding some positions.
By Lindsay Doty