Lincoln Savings Bank Settles on Downtown Waterloo for its Expansion

It was announced at Waterloo City Hall this week – Lincoln Savings Bank is buying the top three floors of the TechWorks building near downtown.

LSB President and CEO Erik Skovgard shared some additional information at Monday’s city council meeting.  He says Lincoln’s present building is bursting at the seams and the bank needs somewhere to grow.

Even though the bank chose Waterloo for its expansion, it was not the only city LSB officials looked at — they also checked out Cedar Falls, Des Moines, and Reinbeck, before picking Waterloo.