New bank will utilize former Burger King property in Marquette
MARQUETTE — Upper Peninsula State Bank has announced plans to expand to Marquette County, as it recently purchased the former Burger King restaurant property located at 1016 W. Washington St. in Marquette.
The business plans to open a full-service banking office in that location to serve the Greater Marquette area, as the bank has “strong ties to Marquette and has frequently been asked about opening offices in that market,” bank officials said in a press release.
“Marquette is a thriving community and we are excited about bringing our full complement of banking services to the great citizens of this area,” Upper Peninsula State Bank President and CEO, David Williams stated in the release. “These include commercial, mortgage, and consumer loans, a full array of deposit products, e-banking services, and brokerage services — all with a client- and results-driven focus.”
Upper Peninsula State Bank is a full-service $235 million bank established in 1902 and headquartered in the U.P. with offices in Escanaba, Iron Mountain and Gladstone.
The bank also announced it has hired Andy Herro as Marquette County Community Bank president. Herro is “an experienced, well-connected banker who for the last five years of his banking career has been working in the Marquette area. He is looking forward to joining Upper Peninsula State Bank where he will be able to offer all banking products and services,” officials said in the release.
“I’ve watched and studied Upper Peninsula State Bank for quite some time,” Herro said in the release. “They are consistently recognized as a top performing bank in the state but more importantly, the people and culture are an ideal fit for me. We have a shared vision for Marquette County and truly believe in the customer-centric banking model. It’s great to be joining a bank that continues to grow with a sole focus on Upper Peninsula communities.”
In the release, Williams said: “Mr. Herro has a phenomenal track record and high level of energy that fits well with our banking mindset. We’re excited to work together and bring our brand of banking to this wonderful community.”
For more information, visit www.upstatebank.net.