Upgrading Branches in Bank’s Pipeline
by March 5, 2012 8:31 am 105 views
Arvest Bank of Fayetteville has filed applications with state regulators for permission to relocate three existing branches, including branches in Maumelle and Fayetteville, to new digs nearby. Here’s the plan, as described to Whispers by Arvest spokesman Jason Kincy:
• The Green Acres branch at Poplar and College streets in Fayetteville will be relocated to College and Township. Construction is tentatively scheduled to start in mid-2012, and the branch should be open sometime in 2013.
“We do not have plans at this time for the existing location,” Kincy said.
• Construction will begin late this month or early in April on a 5,000-SF branch in front of the Wal-Mart Supercenter on Maumelle Boulevard in North Little Rock. It will replace the branch next to the former Kroger store in Maumelle, which Arvest inherited when it acquired Superior Federal Bank in 2003.
The old branch has lost its neighboring supermarket, plus it’s just too small, according to Kincy. The new branch “will offer more space so we can hire a consumer and mortgage loan officer to service the Maumelle community.”
(That sounds like a help-wanted ad, doesn’t it?)
• The third replacement branch is in Wagoner, Okla., about 40 miles southwest of Tulsa. Construction there will begin in April, and the branch is scheduled to open in November.