Farmers & Merchants Bank has purchased the property housing a longtime popular Springboro deli to build a new bank with a special twist.
The bank plans to tear down Main Street Deli at 465 N. Main St. in Springboro to build a new bank building that will include space to keep the deli operational and added space for community use.
“We are very thrilled to bring our community bank to Springboro where I have lived for decades. We want to create an experience that residents of the area will enjoy and want to visit often. By constructing this communal space we hope to support this community in a way that creates a positive ripple effect, said FM Bank President and CEO Shon Myers in a statement.
Main Street Deli, which offers soups, salads, subs, breakfast and baked goods, will remain open the rest of 2020. Steve Swank, who has owned the deli since 1995, said he is ready to retire from food service and pursue other interests like his love for cars.
“My mind keeps telling me I can do it, but my body says no after standing on them for 26 years in the deli,” Swank said.
Swank’s daughter and son have expressed interest in keeping the business open within the newly renovated space with FM Bank. Swank said he will work with them to get it started and then pursue other interests.
“I’ll never quit working,” he said.
Swank said he has been discussing the deal with Myers since December and added the coronavirus pandemic had nothing to do with the plans.
“It’s good for both businesses. I get a couple hundred customers here in a day that will be interested in the bank and the bank will have the same kind of customer base. It’s a win/win for both. Shon has been great to work with,” Swank said.
Cincinnati based K4 Architecture will design the building/space for FM Bank. The timeline for this project is roughly projected to be almost two years due to expected zoning changes and construction.
Farmers & Merchants Bank has locations in Germantown, West Carrollton, Miamisburg, and New Lebanon.
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