ANB Idaho

by Talk Business & Politics ([email protected]) 82 views 

Bentonville-chartered ANB Financial NA has opened its third office way out west, in Idaho Falls, Idaho. The loan production office is in a temporary location, but the bank is remodeling an old tire store as a permanent deposit-taking office.
In 2005, the bank opened offices in St. George, Utah and in 2006 one in tourist destination, Jackson, Wyo. Both offices now take deposits, said Dan Dykema, chairman and CEO.
The bank purchased two loan producing offices in central Arkansas from United Bank of Springdale last year, and Dykema said the transition phase on that deal is pretty much over with and all is operating smoothly. He wouldn’t share any details about what it all means for the bank’s future.
ANB’s loan portfolio was worth $1.5 billion at the end of 2006, up 81 percent from $837 million at the end of 2005.