NexTier plans new branch with property swap twist

It’s hardly unusual for a bank to build a new branch, but to propose trading properties to do so is a different twist. But that’s what NexTier Bank wants to do.

NexTier and Slippery Rock Borough are talking about trading the bank’s existing building at 121 S. Main St. in Slippery Rock for a vacant lot at the intersection of Main and New Castle streets. Nextier would build a facility with a drive-thru and the borough would relocate its municipal operations to the NexTier building. The Butler Eagle was the first to report the news.

“We are working together on a letter of understanding which we hope to be ready for discussion at Slippery Rock Borough’s January 2025 council meeting,” Brian Dutton, NexTier executive vice president and chief operating officer, said via email. “The proposal would then have to work its way through the borough’s approval process. "