Photo Provided Woodsfield Savings Bank officials meet with members of the Cadiz Community Improvement Corporation. The bank recently announced it plans to construct and open a new location in the village. Pictured, from left, are Mike Chisnell, Cadiz CIC; Ken Mason, Cadiz CIC consultant; Tracey E. Craig, president and CEO of Woodsfield Savings Bank; Lynn Riethmiller, chairman of the board; and Brandon Ludwig, Cadiz Village Administrator.

CADIZ — Woodsfield Savings Bank recently announced it plans to open its third branch office in the village of Cadiz.

President and CEO Tracey E. Craig said plans for the construction of a new branch office at the corner of West Market and South Muskingum streets will begin later this month. The new full-service location will offer a suite of financial services for businesses and consumers including deposit and lending services, drive-up teller lanes, an ATM, digital banking services as well as investment services through a partnership with financial advisors.

Construction on the new branch is scheduled to begin mid to late March.

“We are excited to expand our services into Cadiz and Harrison County,” said Craig. “We are a true community bank in every sense of the word. Decisions are made locally with fast turn-around times, and we support our communities through donations, volunteerism, and scholarships. We look forward to offering our personalized approach to banking in the area.”

The new branch office is being designed by APG Architects of Zanesville, Ohio, and will be built by &Build, a PCS company of Barnesville.

Construction of the new facility is expected to be completed by late fall of this year.

The new branch location will represent an estimated $1.5 to $2 million investment in the Cadiz community and will employ five to seven full- and part-time positions.