Batesville-based First Community Bank has received regulatory approval and finalized the purchase of property at 766 Harkrider Street in Conway, Arkansas, the bank announced Thursday (Jan. 28).
The property, located in the downtown district at the corner of Harkrider and Polk streets, is a highly visible corridor that will become a focal point once a new structure is erected.
“Our search for the perfect piece of property was a challenge to say the least, as our first couple of purchase attempts didn’t work out,” said Grant Gordy, community president for Conway. “We were determined to stay in the downtown district to help preserve this beautiful historical area. With each setback, a new opportunity presented itself, and we ended up finding, what we believe to be, the perfect location in the heart of our community.”
First Community Bank currently operates at 1089 Front Street. The bank offers traditional banking services as well as insurance, home mortgage, brokerage and trust services.
“After a year of steady growth in the Conway market, we want to further establish our roots in an area that has proved ready to embrace our spirit of community banking,” said Dale Cole, chairman and CEO of First Community Bank. “We are thrilled to make a significant investment in Conway and look forward to increasing our presence in this dynamic community.”