ELMIRA, N.Y. (WETM) – Five Star Bank will be relocating its Elmira branch to the 100 West Water Street building in July 2021.
18 News first reported on April 19 that Five Star Bank filed a permit to begin moving into the 100 West Water Street building.
Shelly Doran, Director – Investor & External Relations for Five Star Bank and Financial Institutions, tells 18 News that 5 Star Bank’s lease at their Lake Street location ended, leading to the relocation to W. Water Street.
Doran says there will be no layoffs involved in the relocation and that four employees will be moved to W. Water Street.
In February, 18 News also reported plans for an exterior ATM along Carl Proper Drive with plans for a drive-thru option.
Doran confirmed on Tuesday there would be a drive-thru and a stand-alone ATM outside the location.
An Environmental Assessment Form in the plan says the drive-thru would not result in a substantial increase in traffic.
Elmira 2nd District Councilman, Brent Stermer said in January that he does not approve the location of the ATM.
“I think it’s interesting, it’d be a unique place for downtown,” Stermer said. “I don’t necessarily think that drive up would be a good idea. I mean a walk up kiosk—I think that’s an awesome idea, because it helps you know, add dimension to the neighborhood. But as far as drive I would be very concerned because you wouldn’t be able to put another car, you know along beside it.”
The bank says that the new branch “will be the second to feature Five Star’s new reimagined design, featuring a blend of new technology and the comfort of community banking with branch associates on hand.”
“We are very pleased to support the revitalization of downtown Elmira with our move to 100 West Water Street,” said Martin K. Birmingham, President and CEO of Five Star Bank. “In this new and redesigned branch, our associates will continue to provide the personalized service that customers have come to expect from Five Star Bank as well as advanced digital banking services. We look forward to growing our presence in the Elmira community as we offer education, advice and banking, investment and insurance solutions to help customers improve their financial well-being.”