"We're very much community-oriented," Shoop explained, adding the branch is profitable.
These days, as far as banking downtown goes,
But that wasn't true of a few years ago.
The downtown used to have branches for
There's a possibility now the
Whether the owner will approve the sale remains in question, he said.
The SunTrust building on
As to why those banks have closed and the Highlands Independent branch has remained open, Shoop said, that Highlands Independent is a community bank and has a more community-oriented model of business than the larger banks.
Part of the reason for the shutdown of bank branches -- besides the three empty bank buildings downtown,
They do a lot of business at ATMs, Shoop said, but people still want to be able to go into a branch and speak to a person.
Wohl said it isn't surprising the time and effort it takes to sell bank buildings.
"The difficult part is finding a way to generate revenue with these buildings," he said.
While in some places banks are converted into office buildings, "we in
Generally, bank buildings can be unsuitable to house several businesses as tenants as the structures weren't built that way and renovations would be costly, he said.
The best solution is for a church, a university, the headquarters of a business or a call center to buy the building, Wohl said.
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