Lake City Bank Opens Newest Branch in Westfield, the Bank’s 9th Office in the Indianapolis Market

Rhea-AI Summary

Lake City Bank (NASDAQ:LKFN) has expanded its presence in the Indianapolis market with the opening of its newest branch in downtown Westfield, Indiana on September 2, 2025. The full-service office, located at 170 Jersey St., represents the bank's 55th overall branch and 9th location in the Indianapolis Region.

The new branch is strategically positioned within The Union at Grand Junction development, where Lake City Bank also serves as a financing partner. The development features a mix of apartments, retail space, offices, restaurants, and public parking. Stacy R. Oswald, Vice President and Retail Banking Officer with 23 years of industry experience, will manage the Westfield location.

Lake City Bank, founded in 1872, is a $7 billion financial institution headquartered in Warsaw, Indiana, operating under Lakeland Financial Corporation.

[ "Strategic expansion with 9th branch in the Indianapolis market", "Bank serves as financing partner for The Union at Grand Junction development", "Location in a vibrant mixed-use development with strong economic momentum", "Experienced management with local community ties" ]

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WARSAW, Ind., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Lake City Bank opened its newest branch in Westfield, Indiana, on September 2, 2025. The new branch marks the bank’s 55^th office overall and ninth office in the Indianapolis Region.

"We’re happy to open a Lake City Bank office in the heart of downtown Westfield,” said David M. Findlay, Chairman and Chief Executive Officer. “We are confident that our 153-year history as a community bank will bring a welcome commitment to the Westfield community. We are excited to expand our relationships in Westfield and become a part of the vibrant downtown community with strong economic development momentum around us.”

The full-service office is located at 170 Jersey St. and is part The Union at Grand Junction development in downtown Westfield. The development overlooks Grand Junction Plaza and includes apartments, retail and office space, restaurants and public parking. In addition to the new branch, Lake City Bank is a financing partner for the development.

“Similar to our recent branch openings in Indianapolis’ 16 Tech campus and Elkhart’s River District, this mixed-use development fits perfectly with our approach to expanding our footprint. It is an ideal location for our customer-focused team to build upon our strong existing relationships in Westfield and engage with the community,” said Stephanie R. Leniski, Executive Vice President and Chief Retail Banking Officer.

To manage the Westfield office, Stacy R. Oswald, Vice President, Retail Banking Officer, moved to the new location from the bank’s Fishers office. She joined the bank in 2024 and has 23 years of experience in financial services. She is a Westfield resident and is active in the community.

The Retail Banking team members of Lake City Bank’s Westfield office pictured at Grand Junction Plaza, directly across the street from the new branch. Pictured left to right: Stacy Oswald, Vice President, Retail Banking Officer; Juliana Wright, Retail Banker; Lisa Smith, Retail Banker; Nelly Collana, Senior Retail Banker.

Lake City Bank, a $7 billion bank headquartered in Warsaw, Indiana, was founded in 1872 and serves Central and Northern Indiana communities with 55 branch offices and a robust digital banking platform. Lake City Bank’s community banking model prioritizes building in-market long-term customer relationships while delivering technology-forward solutions for retail and commercial clients. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN). For more information visit www.lakecitybank.com.

Contact
Luke Weick
Vice President
Marketing Manager
(574) 267-9198 x47279 office
(260) 431-7061 mobile
luke.weick@lakecitybank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e1654f14-1a9e-412f-895c-3f1121a78dcf

FAQ

When did Lake City Bank open its new Westfield branch?

Lake City Bank opened its new Westfield branch on September 2, 2025 at 170 Jersey St.

How many branches does Lake City Bank (LKFN) now operate?

Lake City Bank now operates 55 total branches, with 9 locations specifically in the Indianapolis Region.

Who will manage Lake City Bank's new Westfield branch?

Stacy R. Oswald, Vice President and Retail Banking Officer with 23 years of financial services experience, will manage the Westfield branch.

What is Lake City Bank's total asset size?

Lake City Bank is a $7 billion bank headquartered in Warsaw, Indiana.

Where is the new Lake City Bank Westfield branch located?

The new branch is located at 170 Jersey St. in downtown Westfield, Indiana, as part of The Union at Grand Junction development overlooking Grand Junction Plaza.