MISSOURI BANK OPENS 2ND ARKANSAS BRANCH

Missouri-based Sterling Bank, a $1.37 billion-asset lender headquartered in Poplar Bluff, opened a new, 16,000-square-foot facility in Rogers at 1101 S. 52nd St. earlier this year.

Sterling Bank is a wholly-owned subsidiary of Sterling Bancshares Inc. The company entered the Arkansas market in 2020 by opening a loan production office at 1607 N. College Ave. in Fayetteville. On Oct. 15 that year, the office started taking deposits and became a full-service branch. The company built a full-service branch at 3453 N. Steele Blvd. in Fayetteville that opened in February 2022.

Arkansas native Johnathon Welch of Fayetteville oversees the bank’s Northwest Arkansas market. Vice president Jordan Patterson manages the Rogers location with support from Phillip Roller (vice president) and Erica Goins (assistant vice president).

Sterling Bank has purchased land on Walton Boulevard in Bentonville for a third regional location. There are also plans for a branch in Little Rock at the intersection of Rahling and Kirk roads.