After 16 years of service at its branch location near Subway in Syracuse, the Mainstreet Bank is ready for a new location.

The bank, formerly known as Farmers Bank, operates seven locations, including the Syracuse site and the home office in Cook.

On Thursday, Sept. 6, members of the Mainstreet Bank Board of Directors and bank employees from a number of branches of the bank joined Bank President Justin Douglas and community members and dignitaries including State Senator Dan Watermier as the southeast Nebraska financial institution broke ground at a privately-owned development area near the Highway 2 and Highway 50 intersection.

While addressing the crowd, Douglas recalled a conversation with Penny Weber, director of the Syracuse branch. The two talked about how the Syracuse branch had out grown its location.

Discussions began and culminated with the decision for the first build in the long history of the bank.

Douglas said the new bank location represents an investment into the community of Syracuse and said he hopes that the location will act as a magnet for new businesses.

“Hopefully, we will begin something strong with all of these lots which are available to create new opportunities for the people and for the community of Syracuse,” Douglas said.

Weber echoed Douglas in her statements.

“We are very excited. We hope in the next few years that it will continue to grow out here and that we will have new neighbors and it will create traffic for us out here,” she said.

The new structure, built to blend into the surroundings, will be a full service location and will feature a drive-up ATM.