Our Rich History
1903 - An organizational meeting took place on November 12, 1903 because there was a need to have 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.
1962 - 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.
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.
1978 - The construction of a new banking facility in Napoleon began. It was constructed on the opposite side of Madison and Main. Two drive-thru lanes were opened, and equipment was in place for a third lane. The bank was completed in 1979 as well as two fine additions. 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.
1996 - The board of directors determined the Holton Branch was outgrowing its facilities to be able to properly service its customers. In May of 1996, Bruns-Gutzwiller, General Contractor, broke ground on US 50 in Holton to construct the bank’s new branch. On November 21, 1996, the bank opened the new location in Holton as a full-service bank equipped with an ATM, two drive-thru lanes, and 24 hour night depository.
1999/2000 - The board of directors 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 Branch equipped as a full service bank with an ATM, two drive-thru lanes, and night depository.
2006 – The bank in Napoleon began an addition and remodel project at the bank’s main office, that added 3200 square feet to the existing building. The project entailed six new offices, a work room, loan vault, conference room, board room, drive-up ATM and 24 hour night depository.
2007/2008 - 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. On July 2007, the bank broke ground at its fourth banking location in Greensburg, Indiana. Then, on June 9, 2008, the bank opened its Greensburg Branch equipped with an ATM, three drive-thru lanes, and 24 hour night depository.
2012 - In October 2012, the bank broke ground on an 1600+ sq. ft. addition and remodel project of the Osgood Branch. The project included the expansion of several offices, an additional office, board room, employee restroom, work area, as well as updates to the lobby and other work areas. These additions will help the bank continue to grow and meet the needs of the Osgood area.
The Napoleon State Bank serves the Ripley and Decatur counties of Southeastern Indiana. The bank has over $193,033,321.00 in assets as of June 30, 2013. The bank has fifty two full-time employees and two part-time employees.
Some information from Ripley County, Indiana History 1988-9