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The original item was published from 11/8/2007 3:27:48 PM to 1/9/2008 12:00:06 AM.

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Posted on: September 8, 2007

[ARCHIVED] AimBank Breaks Ground for New Bank Building

The new building will replace the existing bank structure when it is completed during the second quarter of 2008. Cost of the project is estimated at $985,000. The new structure will include a 2,000 sq. ft. basement, 9,000 sq. ft. above ground, four drive-in lanes and a new ATM. Craig Wallace Construction of Lubbock is the general contractor.

“We are in the process of moving our ATM into the same lane as our commercial teller to get it of the way of the construction,” said bank president Kenny Willmon. The existing building, which was once a fast-food business before being converted into the bank structure, will be demolished when the new building can be occupied. Construction will be completed in two phases.

“We have out grown the facility we’re in, “said Willmon. “ It has worked well for us, but it’s time to grow. We have had better than anticipated growth and need the additional space to accommodate continued growth. We think the new building will help us continue to grow.”

“We are blessed with good loan officers and good employees. The additional square footage will allow us to add more staff to support our continued growth,” he continued.

The Levelland banking location was opened in September, 2003 after a local bank holding company was organized and acquired the First National Bank of Littlefield. That bank was founded in 1945. In 2003, that bank was converted to AimBank with the change in local ownership. AimBank is owned by investors fro the area and guided by a board of directors consisting of Scoot Wade, Kenneth Willmon, Juneta Mitchell, Buford Duff, Jay Lee and Allen Carson. Advisory board members are Mike Worley, Thad McDonnell and Paula Bell. CEO Scoot Wade shares the credit for the bank’s growth equally between the outstanding bank professionals who have an accumulated 120 years of banking experience and the bank’s customers.

The bank has grown from $11 million in assets in 2003 to $101 Million in assets as of June of 2007. AimBank has five locations which include the College Avenue location in Levelland, a downtown location in Littlefield, a grocery store location at Lowe’s Supermarket in Littlefield, a new location at 64th and Frankford in Lubbock, and the newest location in Wolfforth.

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