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National Exchange Bank on W. Washington Street to close at the end of the week, Sept. 28

 

Sept. 23, 2018 – West Bend, WI – Notifications went out earlier this year regarding the closure of the National Exchange Bank branch at 2412 W. Washington Street in West Bend.

According to officials at National Exchange Bank, “The decision to close the West Bend, Washington Street office is the result of the completion of a thorough branch sustainability analysis including the evaluation of traffic and transactions, past performance and predicted future performance, customer mapping and proximity to other NEBAT locations, among other factors.”

It appears “traffic and transactions” were part of the decision to close the branch on W. Washington Street.

 

If you look at that 1-block radius around Hwy 33 and Wildwood Road there have been quite a few changes over the past two years. To the east of the bank Perkins Restaurant & Bakery closed in January 2018. Prior to that Mother’s Day Restaurant, to the west of the bank, closed in October 2017.

Horicon Bank

 

 

 

 

 

On a positive note Don Ramon Mexican Restaurant opened in July 2018 at the former Mother’s Day location and Russ Darrow Nissan opened up the street in March 2018.

 

There’s more development ahead on that end of town as Morrie’s West Bend Honda will break ground shortly on Hwy 33 and Scenic Drive and then the largest Fleet Farm in the state is being built on Hwy 33 just east of CTH Z.

 

National Exchange Bank indicates the closure of the branch on W. Washington Street will occur Sept. 28. There will also be a change in hours for the Allenton branch as it appears it will no longer be open on Saturday.  “At this time, we will be adjusting the hours at Allenton; however, there are not any other immediate hour changes. Office hours are continually evaluated for the best customer service in the most efficient manner.”

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