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Metro Bank, Belco credit union set to open new branches in the fall

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Metro Bank will break ground on its East Lampeter Township branch Tuesday in Lancaster County, and a new Hanover branch for Belco Community Credit Union has been under construction since March.

Metro's 34th location — and fourth in Lancaster County — will be at 2121 Lincoln Highway East in the township.

Metro Bank Public Relations Manager Natalie Neyer said the bank is seeking building approvals on another branch location in Manheim in Lancaster County. It still has designs on opening a branch in Silver Spring Township in Cumberland County, though no date has been set for a construction starts on either project.

As of March 31, the bank managed $2.85 billion in assets. Its stock trades on the Nasdaq index at METR.

Belco’s Hanover branch is actually a relocation. The credit union’s  branch at 110 W. Eisenhower Drive will be replaced by the new branch at 221 Wilson Ave.

The new branch, designed by Overton and Associates LLC of Westminster, Md., will be 3,920 square feet. It will feature a multilane drive-thru, something the current location lacks, Belco President and CEO Lonny Maurer said in a news release.

Belco has 11 locations in Central Pennsylvania, has about 50,000 members and has $391 million in assets, according to the credit union. Membership is open to anyone who works, lives, worships or attends school in Adams, Cumberland, Dauphin, Lancaster, Lebanon, Perry or York counties.

Michael Sadowski

Michael Sadowski

Mike Sadowski covers Lebanon County, banking and finance, law and the legal community, and technology. Have a tip or question for him? Email him at michaels@cpbj.com. Follow him on Twitter, @MikeCPBJ. Circle Michael Sadowski on .

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