Peoples Bank to open in Benton

Peoples Bank of Sheridan announced Wednesday (April 12) it will open a new branch office in Benton and has hired Chris Diaz as Benton Market President and Don Tackett as Executive Vice President for Lending.

The Benton office will be located at 1800 Military Road, at the intersection of Military Road and Congo Road.

The office will feature a full-service 5,300 square foot branch, with an expansive lobby area, six offices, safe deposit boxes, three drive through lanes, a drive-up 24-hour ATM, a night deposit and ample parking.

It is expected to open in the summer of 2023.

“Peoples Bank is delighted to be expanding our services with an all-star team and a highly visible and convenient bank office in Benton. As a true community bank, we believe our values, relationship-based banking philosophy and local decision making will be welcomed by businesses and families that call Benton home,” said Craig Manatt, Peoples Bank President and CEO.

Diaz has 12 years of banking experience and joins Peoples Bank from First Security Bank in Benton where he was a commercial lender. He served as president of Christian Community Care Clinic in Benton, which provides affordable health care to the medically underserved. Diaz is active on the Saline Home Builders board, serving the needs of the rapidly growing housing industry in Saline County.

Tackett has over four decades of banking experience, including serving as bank president for 20 years in Benton, Malvern, Sheridan and Hot Springs. A graduate of Ouachita Baptist University, Tackett and his wife are Benton residents where they are members of First United Methodist Church.

Peoples Bank was formed in Sheridan, Arkansas in 2000 and is the only locally owned bank in Grant County.