Alliance Bank, Francesville, announced in October 2024 that they plan to build a new office on the Oxford Town Square. The new building will be built on the opposite corner of their current location, a set of historic buildings where their predecessor State Bank of Oxford opened more than 120 years ago.
Bank leadership said they made the difficult decision to move after careful evaluation showed the historic buildings no longer fit the needs of their team. On the same day, Alliance announced they have donated their historic buildings at 100 S. Justus St. and 108 S. Justus St. along with the employee parking lot to Discover Oxford Indiana Inc., an Indiana Main Street affiliate.
While the donation to Discover Oxford was immediate, the bank will continue to lease its current space back from the organization until its new facility at 201 S. Howard St., is complete. That timeline has not been announced.
