Needham Bank plans to expand its main office at 1063 Great Plain Avenue. Construction of the new,  12,363-square-foot complex is set to begin in November and complete in 2013.

The $4 million project will be carried out in three phases, with renovations on the Eaton Square parking lot due to start in mid-September, partially closing the lot for four to six weeks.

The project will significantly expand the present building, estimated to be 80 years old.  The new facility will include increased handicapped accessibility, major expansion of the loan department, and a free-standing, drive-up ATM.  The bank will remain open throughout the project.

"In addition to the benefits that this construction will bring to the bank and our customers, we are very pleased to be able to give something back to the town, through additional spaces in the Eaton Square lot, and with a new pedestrian walkway that will add convenience and aesthetics to the area," said Jack McGeorge, CEO and Chairman of the Board of Needham Bank, in a statement.