The Arkansas Banker Spring 2021

Page 44

NEWS & MOVES

FIRST COMMUNITY BANK

EXPANDS IN CONWAY

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atesville-based First Community Bank has received regulatory approval and finalized the purchase of property at 766 Harkrider Street in Conway, Arkansas, the bank announced Thursday ( Jan. 28). The property, located in the downtown district at the corner of Harkrider and Polk streets, is a highly visible corridor that will become a focal point once a new structure is erected.

“Our search for the perfect piece of property was a challenge to say the least, as our first couple of purchase attempts didn’t work out,” said Grant Gordy, community president for Conway. “We were determined to stay in the downtown district to help preserve this beautiful historical area. With each setback, a new opportunity presented itself, and we ended up finding, what we believe to be, the perfect location in the heart of our community.” First Community Bank currently operates at 1089 Front Street. The bank offers traditional banking services as well as insurance, home mortgage, brokerage and trust services. “After a year of steady growth in the Conway market, we want to further establish our roots in an area that has proved ready to embrace our spirit of community banking,” said Dale Cole, chairman and CEO of First Community Bank. “We are thrilled to make a significant investment in Conway and look forward to increasing our presence in this dynamic community.”

GRAND SAVINGS BANK

PLANS NEW FAYETTEVILLE, GENTRY LOCATIONS, HIRES FORT SMITH BUSINESS DEVELOPMENT LEADER

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Gary Hamm

Business Development Officer

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SPRING 2021

rand Savings Bank has announced the opening of a new bank location at 1925 N. College Avenue in Fayetteville. The full-service branch location will offer a drive-thru and ATM. “As a community bank, we’re always looking for ways to invest in our communities,” said Guy Cable, President and CEO for Grand Savings Bank. “We were excited to renovate an old, historic building to bring additional value to the community around our new Fayetteville branch.” Grand Savings Bank has also purchased a new property at 104 N. Gentry Blvd. in Gentry. The location will replace the existing bank branch located at 101 S. Gentry Blvd. The new six-acre location will provide more parking and wider drive-thru lanes for all of bank customers. The Gentry Grand Savings Bank branch is the second oldest location in the bank’s network. It opened in May of 1980 as Decatur State Bank, which later

merged with Grand Savings Bank in December 2014. The bank also recently hired Gary Hamm as its new business development officer in Fort Smith location. Hamm has 20 years of experience in the food service and consumer packaged goods industries. His professional areas of expertise include sales, management, marketing, acquisitions, and government relations. “We’re proud to have Gary join the GSB family,” Cable said. “People bank with people, which is why we value team members like Gary who bring a customer-focused approach to work every day.” Hamm, who lives in Bentonville, is a graduate of the Sam M. Walton College of Business Administration at the University of Arkansas where he received a Bachelor of Science in Administrative Management. Grand Savings Bank has 12 locations and 11 ATMs in Northwest Arkansas, Northeast Oklahoma, and the River Valley.


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