It has been announced that several National Bank of Arkansas branches are closing across the state as well as Arvest Bank branches after Arvest acquired NBA in December.
However, Arvest has confirmed all NBA and Arvest branches in Conway will remain in operation for the time being.
On Feb. 7 the NBA branches at 3700 Dave Ward Drive and 812 Oak St. will transition to Arvest Banks.
"When those banks open on Feb. 10 they will have Arvest signage," said Jennali Shook, Arvest marketing manager.
After the transition, Conway will have five Arvest locations including the Arvest Bank at 621 Oak St. and the former NBA at 812 Oak St.
Shook said both branches although close in proximity will remain open.
"As of right now we do not have any firm plans on closing either of them," she said. "They have pretty high traffic, but as decisions are made and plans develop we will be in contact with customers."
John Womack, CEO for the central Arkansas market, told Arkansas Business Dec. 16, the NBA branch on Oak would eventually be consolidated with the Arvest branch, but not until the Oak Street Arvest branch is renovated in 2015.
Across the state, two Arvest banking locations will close Feb. 7, and relocate to a former NBA branch. The Arvest branch at 3711 McCain Blvd. in North Little Rock will close and relocate to the former NBA headquarters at 4004 McCain Blvd., and an Arvest drive through at 11415 W. Markham St. in Little Rock will close and relocate to a full-service NBA branch at 101 S. Bowman Rd.
The NBA branch at 9400 Highway 107 in Sherwood will also close Feb. 7 and relocate to an Arvest branch at 8415 Highway 107.
On March 29, two more NBA branches will close and consolidate with surrounding Arvest branches. The NBA branch at 2600 N. Main St. in North Little Rock will close and merge with Arvest’s Park Hill’s branch at 3502 JFK Blvd., and the NBA branch at 102 Country Club Parkway, near the Maumelle Wal-Mart, will consolidate with Arvest branch on 13301 Crystal Hill Rd.
(Staff writer Michelle Corbet can be reached by email at email@example.com or by phone at 505-1215. To comment on this and other stories in the Log Cabin, log on to www.thecabin.net. Send us your news at www.thecabin.net/submit)