SOLVAY — Solvay Bank is expanding its headquarters to provide room for future growth.
The 17,000-square-foot expansion to the bank’s headquarters at 1537 Milton Ave. will be complete in January. In addition to providing room for growth, the new space will allow for more efficient centralization of departments, according to the bank.
“Our workforce has grown by over 10 percent in the last four years and we now employ 160 people,” Solvay Bank President and CEO Paul Mello said in a news release. “We have added 15 new employees during a period of economic recession that has left many other institutions scaling back their services. We couldn’t be more excited to be celebrating our 95th anniversary with a major expansion for our headquarters.”
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Solvay Bank has eight branches in Solvay, Fairmount, Camillus, Liverpool, North Syracuse, Cicero, downtown Syracuse, and Westvale. The bank also owns an insurance agency.
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