Arvest Bank Breaks Ground on New Gentry, Ark. Branch

Friday, May 16 at 06:45 AM
Category: Arvest Community News

We're excited to break ground on a new branch in Gentry, Ark., which will replace our older, smaller building on the same lot. We'll incorporate the existing Sycamore tree into the landscaping to preserve a focal point for the community.

GENTRY, Ark., — Arvest Bank hosted a groundbreaking ceremony for a new location that is twice as large as the current branch in Gentry. The new branch is on the same lot as the current location at 320 East Main Street, which will remain operational throughout construction of the new branch. The older building will be torn down after the new building is completed by the end of the year.

As many national and regional banks are abandoning smaller communities or reducing branch services or hours, Arvest Bank has continued to grow and update its branch network.  Arvest Bank has added more than 30 new locations, either by acquisition or construction, in the past year. 

“We are so happy to be starting on the new, larger branch for our Gentry community customers,” said Roger Holroyd, Arvest Bank President in Siloam Springs. “This branch allows us to add a community room and doubles the space for our customers. One thing that does not change with our footprint is our focus on community-based banking. This new branch will help us to continue the superior customer service for which Arvest is known.”

The building that houses the branch in Gentry first opened on July 26, 1966, and was originally built as Bratt-Wasson Bank. First National Bank bought Bratt-Wasson, and later, Arvest Bank purchased First National Bank. The new branch will be 3,185 square feet and will have an updated layout and look. The branch will cost approximately $1.5 million to build.

“Arvest is also pleased that we were able to respond to the community’s concern for the large Sycamore tree at the corner of the property,” Holroyd said. “We are incorporating the tree into the landscaping plan; it will be a focal point for the town and for Arvest.”
 

Tags: Arkansas, Arvest Growth, Press Release, Siloam Springs
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