A new regional headquarters was officially opened, Monday, by BankOnBuffalo. A ribbon cutting was held on the 7th floor of the Electric Tower, in downtown Buffalo.
Things are moving fast for Bank on Buffalo. Less than two years ago they began as a start-up division of CNB Bank with a loan origination office. Today they announced their regional headquarters will be located at the Electric Tower in downtown Buffalo to accommodate their growing customer base.
Despite recent consolidation in the local banking industry, plans are in the works for a new player to enter the Buffalo marketplace. Pennsylvania-based CNB Bank is ramping up to launch its new Bank on Buffalo.
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WBFO's Chris Caya reports on the upcoming addition to Buffalo's banking community.