First National Bank of NWA to close Lowell branch
by February 7, 2025 4:50 pm 575 views
First National Bank of NWA will replace its Lowell branch with its new downtown Rogers branch, according to a Thursday (Feb. 6) news release. The bank will close the branch at 1626 Empire St. in Lowell on May 2 in anticipation of the new Rogers branch.
The more than 5,500-square-foot branch at 303 S. Arkansas St. in Rogers is expected to open before the end of this year. Groundbreaking for the bank’s third Rogers branch was slated for Nov. 13.
As part of its ongoing strategic review, the bank “routinely assesses our geographic footprint to identify ways to provide the best long-term service for our customers and community in addition to preparing for the future growth of Northwest Arkansas,” according to the release.
“During this review process, the bank determined that we could better serve our audience with a branch in downtown Rogers, which is currently under construction, along with future, yet-to-be-named locations in other key areas.”
The new full-service branch will be built at the southeast corner of South Arkansas and East Poplar streets, adjacent to Railyard Park in downtown Rogers. According to county records, the bank’s parent company, First National Bank of Fort Smith, acquired the 0.33-acre property for $950,000 in January 2023.
“Our newest banking center in downtown Rogers is positioned to be more convenient for our existing customers as well as creating an opportunity for us to provide banking services for a larger group of our community,” said Rob Husong, president of First National Bank of NWA.
Sam Sicard, CEO of First National Bank of Fort Smith, added that “with the growth of downtown Rogers, I am proud that we are able to expand our services for our customers by investing in the communities we serve.”
The company has six branches in Northwest Arkansas, including in Rogers, Lowell, Centerton, Fayetteville and Bentonville, and 13 in the Fort Smith metro area. First National Bank of Fort Smith had $2.15 billion in total assets as of Sept. 30, according to the Federal Deposit Insurance Corp.