"We think that the Kennesaw branch will be our largest business location in the next five years," said Ken Barber, chairman and CEO of MetroBank. "We believe that the growth in the Northwest Cobb Corridor has so much opportunity for business growth."
The bank, at 2454 Kennesaw Due West Road, will be focusing on commercial, rather than residential, lending.
The Kennesaw location is the largest business location for Northwest Corridor and has the most opportunity for business growth, said bank officials.
MetroBank has total assets of $170 million. The bank is primarily owned by shareholders living in Douglas, Cobb and Carroll counties. Metro Bank is focused on offering products and services to the businesses and entrepreneurs in our local markets.
The new opening is another boon for the city of Kennesaw which has had 30 ribbon-cuttings in 2012, a 50 percent increase over 2011, among other activities, according to Mayor Mark Mathews.
- from staff reports