St. Petersburg Times
Print storySubscribe to the Times


Banking explodes with new branches

Published February 15, 2004

TRINITY - A shift is in store this year for Pasco financial centers as the banking industry begins to follow the county's residential and retail boom. From small startups to large conglomerates, banks are investing millions in 2004 to build new locations in central and southwest Pasco.

"People have discovered Pasco County," said Larry Starnes, Pasco president for Wachovia, which is investing $10-million in four new locations in 2004 and early 2005 - the largest buildout of any area in its national network. "We're in an explosive growth pattern in the central part of this county."

A mix of young professionals, suburban families and retirees is establishing communities in newly developed areas stretching from Trinity to Wesley Chapel.

Bank of America also is planning four new centers for the area and will debut one of its newly designed model centers at Mitchell Ranch Plaza in July.

Including land, the center will cost about $2.5-million, said Melanie Price, Bank of America's president for the Suncoast region. The location, which initially was targeted for a small center and was upgraded to medium at 4,800 square feet, will feature televisions tuned to CNN in the lobby and lined up at each teller as well as lobby managers to direct incoming customers, she said.

Smaller community banks such as Madison Bank, based in Tarpon Springs, also are opening new branches in Pasco with construction on a new Mitchell Ranch Plaza site expected to be completed in early 2004.

[Last modified February 15, 2004, 01:15:45]

Pasco Times headlines

  • Junior travelers conquer expression contest

  • Black History Month
  • Celebration honors a county hero as part of black history

  • Business
  • Airport growth mirrors expanding population
  • Banking explodes with new branches
  • Battle of the malls fought at county's center
  • City invests in its business corridor
  • County hopes to bring in 542 jobs
  • Crowded aisles where cattle once roamed
  • Dade City rejects 'bedroom' status
  • Development seems to point to city's viability
  • District issues dire warnings about crowding
  • Explosion in paradise
  • Incorporation not in east Pasco future
  • Live theaters plan changes dramatic and small
  • More changes to come on U.S. 19 stretch
  • Old neighborhoods get pick-me-up
  • Pasco aims to become a business destination
  • Question: How well is Pasco handling its growth?
  • Relief on way for clogged Pasco roads
  • Sign law tops list of issues in county
  • Tennis stadium is star player in tourism plan
  • Tourist attractions get even friendlier
  • Toyota, Nissan scout dealership sites
  • Zephyrhills Zeitgeist: Bigger is better

  • Column
  • Enthusiasm should replace equivocation on sales tax

  • Home Prices
  • Buying into Pasco's bargains

  • Preps
  • Game and frame...
  • Keeping an eye on the rival
  • Pasco finally healthy
  • Letters to the Editor: Proposal to build homes on wild island upsetting
  • Back to Top

    © 2006 • All Rights Reserved • Tampa Bay Times
    490 First Avenue South • St. Petersburg, FL 33701 • 727-893-8111