May 13, 2021
First Community Bank has received regulatory approval and finalized the purchase of property at 766 Harkrider Street in Conway, Arkansas. The next phase, pending regulatory approval, includes placing a temporary building on the property site that will offer drive thru banking lanes and ATM services. As a stride towards the city’s beautification efforts, future construction plans include a state-of-the-art permanent structure that will serve as Conway’s principal location.
“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.”
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 graces this corner.
“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.”
Gordy further stated, "Ultimately, this expansion will bring together two very important elements: a community bank led by seasoned bankers committed to true relationship banking and the thriving community of Conway.”
First Community Bank currently operates at 1089 Front Street. The bank is a one-stop-financial-center offering traditional banking services as well as insurance, home mortgage, brokerage and trust services.
The Conway announcement video can be viewed here
or at First Community Bank’s Facebook page.