Dollar Bank Opens Ohio Headquarters in the Galleria
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Regional Bank Increases Financial Commitment to Northeastern Ohio CLEVELAND, Aug. 8 /PRNewswire/ -- Dollar Bank, the largest independent mutual bank in the United States, is demonstrating its long-term commitment to northeastern Ohio with the opening of new headquarters in the Galleria at Erieview. The new two-story glass-enclosed structure at East Ninth and St. Clair measures 21,000 sq. ft., bringing the bank's total area to 50,000 sq. ft. in the Erieview complex. The new space houses the headquarters branch, a Private Banking Center, a training facility and retail operational support. Scheduled to open August 12, the new facility anchors the Galleria and revitalizes one of Cleveland's most prominent urban centers. Dollar Bank operates 24 branches and two loan centers in the Cleveland metropolitan area, offering a full range of business and personal banking products and services. The bank has opened three facilities here in the last year, the most recent being in the historic Park Building on Public Square and an earlier one on SOM Center Road in Mayfield Heights. Dollar Bank Ohio has deposits of nearly $1.5 billion and employs more than 300 people in the region. "Our expanding presence demonstrates our ongoing commitment to Cleveland and northeastern Ohio," says Andrew Devonshire, president of Dollar Bank Ohio. "We have great confidence in the future economic vitality of this region." At the time when Dollar Bank made the commitment to build new headquarters in the Galleria, the retail space was struggling for economic survival. The bank worked with the shopping center's owner and well-known Cleveland architect William Eberhard, AIA, of Oliver Design Group to create a striking two-story structure befitting a bank's corporate headquarters. The glass-walled structure features an outdoor LED screen displayed on the exterior wall at the Galleria's southwest corner. Called the Dollar Bank Regional Showcase at the Galleria, the 152 sq. ft. LED screen highlights Cleveland's assets, people, history and events. Its content will constantly change to reflect current activities of northeastern Ohio's cultural, educational, healthcare, manufacturing, technology and nonprofit sectors. "Our Regional Showcase is a tribute to the people and treasures of northeastern Ohio," says Devonshire. "Our goal is to showcase what is positive about this dynamic region." A magnificent 512 sq. ft. mosaic representing Dollar Bank's iconic lion dominates a two-story interior wall that is visible from the street. The massive wall mosaic is based on stately stone lions that guard Dollar Bank's historic offices in downtown Pittsburgh. Artist Cecilia Silva of Bisazza Company created the 20 ft. x 25.5 ft. work of art from 412,000 glass tiles, each measuring 10 mm (squared) (3/8 in (squared)). The mosaic was assembled onsite in Cleveland in a weeklong installation in June. About Dollar Bank With assets of $5.5 billion, Dollar Bank is the largest independent mutual bank in the United States, employing more than 1,140 people in southwestern Pennsylvania and northeastern Ohio. Dollar Bank Ohio is located at 1301 East Ninth Street, Cleveland, OH 44114; telephone 216-736-7386, fax 216-736-8929. The bank operates 24 branches and two loan centers in Greater Cleveland. For more information, visit www.dollarbank.com. Note: Architectural renderings of Dollar Bank's new headquarters, lion mosaic and Private Banking Center are available on request. SOURCE Dollar Bank Lisa King of Dollar Bank, +1-216-736-8948, email@example.com
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