Despite heavy winds, over 50 people were on hand for the ground breaking for the United Bank of Iowa in front of Wal-Mart Tuesday morning.
Excavators are expected to start next week preparing the ground for the 56,000 square foot branch.
During the ceremony, it was stated that if the winter is mild, the bank could be enclosed as soon as the end of the year.
The Storm Lake Branch Manager, Bill Fulcher, said they are looking forward to the new office.
"We truly are excited to be here and be a part of the community," Fulcher said.
United Bank of Iowa held a ribbon cutting ceremony in July and currently holds offices on Flindt Drive near East Elementary School.
"In July, we were sweating like no tomorrow," said Marilyn Monson of the Chamber of Commerce. "Now were are here and it's colder. It just goes to show that we are here all the seasons of the year."
Representatives of the bank's stockholders, branch employees and customers were a part of the groundbreaking ceremony to help turn the dirt. The three groups are a part of the United Bank of Iowa mission's statement.
The bank is an agriculturally based institution and staff has prided themselves on being a part of rural communities.
United Bank of Iowa is wholly owned by the holding company, Ida Grove Bancshares, Inc. of Ida Grove. United Bank of Iowa also has offices located in Arthur, Carroll, Charter Oak, Churdan, Denison, Fort Dodge, Glidden, Harlan, Kiron, Lake City, Lohrville, Odebolt, Rockwell City, Schleswig, and Storm Lake. The holding company also owns a controlling interest in American National Bank with offices in Holstein, Galva, Moville, Kingsley, Pierson and Sac City.