Citizens Bank moves into NW Arkansas
Citizens Bank recently announced the initial step of its expansion into Northwest Arkansas with the opening of a loan production office in Fayetteville.
Doug Lynch, a veteran banker in Northwest Arkansas, will lead this effort as Citizens Bank's Northwest Arkansas market president. Lynch has served as Citizens Bank's executive vice president and chief lending officer since 2012.
Lynch has served in leadership roles with numerous banks throughout Arkansas during his 27-year career. He also served in leadership positions with numerous organizations such as United Way, Fellowship of Christian Athletes, Rotary Club, American Heart Association and Independence County Family Violence Prevention.
Citizens Bank is a $530 million community bank founded by a group of local leaders in Batesville in 1953 to serve the working people and help the community grow and develop.
Electrical wholesaler open in Springdale
Springdale Winsupply opened to provide wholesale electrical customers in Northwest Arkansas with an inventory of electrical products and services, including job projects and lighting layouts.
The new company is associated with WinWholesale Inc., one of the nation's largest wholesale distributors.
Winsupply is located at 1502 W. Shady Grove Road. Springdale Winsupply carries all major electrical lines. It is open from 7 a.m. to 5 p.m. Monday through Friday.
There are more than 560 WinWholesale locations across the United States serving the residential and commercial construction and industrial markets with supplies and materials.
Bank relocating branch to Bentonville
Integrity First Bank plans on moving its Rogers branch to Bentonville on Jan. 5. The new branch will be at 3210 S. Walton Blvd. in Bentonville, site of the former Simmons First bank branch.
Integrity recently purchased the building in a deal that was brokered by Pat Morrison of Colliers International, Bentonville. The deal closed Oct. 1.
The new First Integrity facility will provide drive-thru service in addition to all other banking services, including loan, deposit and trust services. Their former branch at 207 N. 24th St. will be closed.
Briefs are for businesses in Northwest Arkansas that are new, have moved or closed, opened a new branch, changed owners or have been honored by an independent organization. Email items to cswanson@nwaonline.com. Information will be published as space allows.
SundayMonday Business on 10/12/2014