Arvest Bank Reaches Property Agreement with Harrison Convention & Visitors Bureau

Monday, October 22 at 08:00 AM
Category: Arvest Community News

Arvest Bank is pleased to announce it has reached an agreement to sell one of its existing facilities to the Harrison Convention & Visitors Bureau at a reduced price as an in-kind gift.

The Harrison Convention & Visitors Bureau currently leases space at 200 W. Stephenson Ave., a building previously owned by Bear State Financial, Inc. Arvest took over ownership of the building via its acquisition of Bear State.

As a result, Arvest has decided to sell the building to the Harrison Convention & Visitors Bureau at a greatly reduced price of $20,000.

“The Harrison Convention & Visitors Bureau is an important organization in our community and provides many benefits for those of us who call this area home,” said Scott Tennyson, market president for Arvest in Harrison. “We are glad to reach this agreement that will not only allow the bureau to stay in the place it has called home for several years, but also to own a larger space that it can leverage for numerous uses in the future.

“This gift also reflects our shared commitment to the growth and vitality of our downtown area.”

As a sign of appreciation, the Harrison Convention & Visitors Bureau will name the building’s existing board room the Arvest Bank Conference Room.

“We appreciate the generosity Arvest Bank has shown in helping us reach this agreement,” Harrison Convention & Visitors Bureau executive director Matt Bell said. “We look forward to continuing to fill our role in the Harrison community, and this expanded workspace will help us do that. This agreement also is one that will provide long-term financial benefits to the bureau.”

About Arvest

Arvest Bank, named by Forbes magazine as one of “America’s Best Large Employers” for 2018, operates more than 270 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 14 locally managed banks, each with its own board and management team. These banks serve customers in more than 135 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC.

About Arvest Wealth Management

Arvest Wealth Management offers wealth management, trust services and insurance products. Investments and Insurance Products: Not FDIC Insured, May Lose Value and Not Guaranteed by the Bank. Trust services provided by Arvest Bank.

Tags: Arkansas, Harrison
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