Our Rich History
On November 17, 1903, a meeting was held for the purpose of proposing a local bank in the town of Napoleon. The charter was received, and the bank started business on the southeast corner of Madison and Main Streets.
The bank began to grow in size, and in January of 1962 the Holton Branch of the Napoleon State Bank opened its front doors in Holton, Indiana.
In 1966, an attractive remodeling project was finished on the main office located in Napoleon. A new room was added, and the interior was redecorated. The completion of this project gave the town of Napoleon an attractive, modern banking facility.
In 1978, the construction of a new banking facility on the opposite side of the southeast corner of Madison and Main began. Two drive-thru lanes were opened, and equipment was in place for a third lane. In 1979 two fine additions were made to the new bank. First, a flagpole and a bronze name plate were erected in front of the building. Secondly, the second floor of the bank building was finished by the contractor to be used as the banking business expanded.
In 1996, the board determined the Holton Branch was outgrowing its facilities to be able to properly service its customers. May of 1996, Bruns-Gutzwiller, General Contractor, broke ground for the bank on US 50 in Holton to construct the bank’s new branch. November 1996, the bank opened the new location in Holton as a full-service bank equipped with an ATM, drive-thru, and 24 hour night depository.
In 1999, the bank board decided to open a full service banking branch to better serve the bank’s customers in the Osgood area. September 1999, Bruns-Gutzwiller broke ground on the bank’s third location. On March 13, 2000, the bank opened its Osgood, Indiana branch equipped as a full service bank with two lane drive-thru, 24 hour ATM and night depository.
2006 was a big year for the bank. The main bank began an addition and remodel project that added 3200 square feet. The project entailed six new offices, a work room, loan vault, conference room, board room, drive-up ATM and 24 hour night depository. Bruns-Gutzwiller was busy on the main bank construction when Honda announced it was coming to Greensburg, Indiana. Honda’s announcement resulted in the bank purchasing ground on US 421 in Greensburg down the highway from Honda’s new site. July 2007, the bank broke ground at its fourth banking location in Greensburg, Indiana. The bank opened the Greensburg Branch June 9, 2008.
The Napoleon State Bank serves the Ripley and Decatur counties of Southeastern Indiana. The bank has over $130,000,000.00 in assets, as of December 31, 2007. The bank has forty four full-time employees and six part-time employees.
Some information from Ripley County, Indiana History 1988-9
