Brownsburg, IN — State Bank (www.StateBank1910.bank) is pleased to announce plans to open a new branch in Speedway, Indiana, marking the Bank’s first entry into the Indianapolis/Marion County market. The new location will be located at 1520 North Main Street, Speedway, IN 46224, and is scheduled to open in October 2026, pending regulatory approval.
Known for its deep community roots and relationship-driven approach, State Bank’s expansion into Speedway represents more than geographic growth, it signals a continued commitment to Main Street banking in a thriving, fast-growing community. As Speedway’s momentum continues to build, State Bank is eager to support local businesses, families, and organizations with personalized financial solutions and local decision-making.
“State Bank has always believed that the best banking happens close to home,” said Matt Price, President and CEO of State Bank. “We’re not looking to distant financial centers for our direction—we’re focused on Main Street and the people and businesses who make their communities strong. Speedway is a natural fit for who we are and how we serve.”
The Speedway branch will offer the same hallmark service State Bank customers have relied on for more than a century—highly skilled bankers; responsive local decisions; top tier digital banking platforms; and a community-first mindset. The new location will include a bank branch, together with a gathering place supporting community organizations, promoting local connections, and further reinforcing the Bank’s commitment to the neighborhoods it calls home.
“You can’t help but have a little bit of Speedway in your heart. Anchored by the Indianapolis Motor Speedway, it represents engineering excellence, keen competition, and enduring traditions. When you couple this with the Town’s community-focused leadership and superb schools, our new branch in Speedway feels like coming home,” Price stated.
Entering the Indianapolis/Marion County market represents an exciting new chapter for State Bank while remaining true to its long-standing mission of supporting local economies and building lasting relationships.
State Bank looks forward to welcoming the Speedway community through its doors later this fall.
About State Bank
State Bank is an $850 million community bank dedicated to serving the financial needs of individuals, families, and businesses across central Indiana. The bank operates 10 full-service locations and participates in the AllPoint™ network, providing customers with convenient access to more than 55,000 surcharge-free ATMs nationwide. Since 2017, State Bank has consistently earned a 5-Star rating from Bauer Financial, recognizing its strong performance and financial stability. State Bank maintains branch offices in Avon, Brownsburg, Plainfield, Lizton, and Pittsboro in Hendricks County; two locations in Lebanon and one in Zionsville in Boone County; Carmel in Hamilton County; Lafayette in Tippecanoe County; with a new location opening later this year in Lapel, Madison County. To learn more, visit www.StateBank1910.bank.