The Scoop: Fayetteville’s Signature Bank of Arkansas is coming back to the Rogers area with a full service branch at 3712 S. Pinnacle Hills Parkway.

The Story:

Fayetteville’s Signature Bank of Arkansas is entering the Rogers market with a full-service branch at 3712 S. Pinnacle Hills Parkway again after leaving in 2010.

Signature sold its branch in 2010 to First Bank, the predecessor of today’s Generations Bank of Hampton (Calhoun County).

Signature also sold its branch in Siloam Springs to First Bank eight years ago, leaving its Bentonville branch as the only Branch in Benton County.

That changed in April when Signature opened a loan production office in Rogers and now with its new full service branch.

Information Provided Below is Provided By Arkansas Business

The Rogers market, with $1.7 billion in deposits, is home to 20 lenders with 38 locations.

Arvest Bank owns the majority of deposits in its eight-branch Rogers network: nearly 42 percent totaling $743 million.

Four other lenders hold at least a 5 percent share of deposits in Rogers: Regions Bank of Birmingham, Alabama, nearly 8.4 percent totaling $148 million; First Western Bank, nearly 8.2 percent totaling more than $144 million; Bank of America in Charlotte, North Carolina, nearly 5.9 percent totaling almost $104 million; and Searcy’s First Security Bank, 5.5 percent totaling $98 million.

Source: Arkansas Business
Source of Images: Signature Bank & Arkansas Business & Arkansas GIS

Categories: Local News

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