Oneida Nation Opens New Bank Branch Near Casino
“This is one of the few tribal-owned banks and this is a proud success of the Oneida Tribe,” Oneida Business Committee Chairwoman Cristina Danfort told greenbaypressgazette.com.
Tribal officials and well-known members such as Junior Miss Oneida Marissa Danforth helped cut the ribbon to officially open the new location Tuesday.
Bay Bank originated in 1995 through the Oneida Nation and five Green Bay businessmen. The tribe took over as the bank’s sole owner in 2000. The bank holds $60 million in deposits and supports businesses owned by tribal members as well as businesses operated by several other tribes in the state.
“The neighborhood is the second busiest traffic corridor in Green Bay and does $100 million in banking business by itself,” Bay Bank President Jeff Bowman said. “This branch represents a huge opportunity that will help us grow our business.”
The new branch has created four full-time and two part-time jobs.
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