Goodrich-Oxford Bank Corporation the holding company for Oxford Bank, officially announced the purchase of a one-acre site on the northeast corner of M-15 (State Road) and Hawes Street (8125 State Road) in the Village of Goodrich.
The plans were approved by the Goodrich Planning Commission during its April 26 meeting and ground breaking is expected this spring.
The full-featured 2,800-square foot Goodrich branch will offer five inside teller windows, two offices, a conference room, three pneumatic drive-through lanes as well as a drive-through window, a drive up ATM and an ATM vestvule.
Approximately six new employees will be hired to work at the bank. The office will offer a wide range of financial and banking services to the communities of Goodrich and Atlas Township, including residential mortgage and construction loans, consumer loans, SBA and commercial loans, commercial checking accounts, individual and business credit cards, merchant services, personal checking and savings accounts, and on-line banking. The Goodrich location will also provide financial planning and investment services through a representative of Raymond James Financial Services, Inc.
The Goodrich Branch will be Oxford Bank’s seventh full-service retail banking office, its first in Genesee County. The Bank last opened a new branch in the Village of Dryden (Lapeer County) in January of 1995.
Oxford Bank Corporation is a registered holding company. Its subsidiary, Oxford Bank, is the oldest commercial bank in Oakland County and operates six full-service offices in Oxford, Lake Orion, Oakland Township, Clarkston, Ortonville, and Dryden, along with a consumer lending center in Oxford and a commercial lending office in Lake Orion. The Bank has operated continuously under local ownership and management since it first opened for business in 1884.