FirstLine Funding Group Constructing a New Facility
First Bank & Trust is pleased to announce that it is constructing a new building in Madison to house its subsidiary, FirstLine Funding Group. The planned 17,500 square foot facility will be located on the northwest corner of the Lakeview Industrial Park (12th Street and South Washington Avenue).
The 2.3 acre property was purchased from the Lake Area Improvement Corporation (LAIC). Plans are to break ground by June 1, 2015 in order to have the construction completed by this time next year.
“We’re really pleased to support the growth of FirstLine Funding Group with this space,” said Brian Thompson, CEO/President of First Bank & Trust, Sioux Falls. “They are rapidly outgrowing their current location in the Heartland Technology Center.”
LAIC Executive Director Julie Gross praised First Bank & Trust for their commitment and continued investment in the Madison community. She stated, “First Bank & Trust is a strong, well-established company and their decision to build in the Industrial Park shows their commitment to Madison and the surrounding area.”
“We are fortunate to have FirstLine Funding Group in Madison. They have an excellent team of employees and continue to experience incredible growth,” added Gross.
Thompson explained that the new facility will have the capability of being expanded but is being designed to accommodate over 100 employees at initial capacity.
New positions will be added with the expansion. Interested persons should visit our Careers page for more information.