After 125 years, Winchester Co-operative Bank is opening a new branch.

The bank announced this morning that it will open a new, full-service branch in Woburn in early 2019. The new branch will be located at 198 Lexington St. in Woburn, an area known as Four Corners. This location will offer the same services as Winchester Co-operative does at its main branch at 19 Church St. in Winchester, but adds both a drive-up ATM and drive-up teller window along with ample parking.

“We already serve many, many customers in Woburn, so bottom line, we’re opening this branch to provide greater convenience to those in Woburn and surrounding communities,” Mark H. Kellett, president and CEO of the bank, said in a statement. “It will also help us to maintain the high level of personal service that has been part of our reputation for 125 years. Overall, the new branch is a further demonstration of our commitment to Woburn. We have a long history of supporting local nonprofits, including the Woburn Council of Social Concern and the North Suburban YMCA. So we are already firmly entrenched with the welfare of Woburn.”

Winchester Co-operative first opened in 1893. The bank has grown to over $600 million in assets as of this year, generated through its one branch overlooking Winchester Common.

“We may not be experienced in grand openings,” Kellet said. “But we know our customers and their financial needs well. We’re confident that our new branch will be enthusiastically welcomed in Woburn.”