FAYETTEVILLE, Ark. – Sterling Bank of Poplar Bluff held a groundbreaking ceremony in Fayetteville, Arkansas, on Nov. 5.
A new full-service branch is planned for the Northwest Corner of Steele Boulevard and North Shiloh Street, according to a press release from Sterling. The project is expected to be completed by the end of 2021.
Commerce Construction Company, Inc. will perform construction of the new building. While Crafton Tull and Case Engineering, Inc. will provide engineering services, and Dille Pollard will provide the architectural services. Emma Lambeth Designs will provide interior design services.
As of Oct. 15, Sterling Bank’s loan production office converted to a full-service branch. This location located at 1607 North College Avenue in Fayetteville offers a full array of products from checking accounts, savings accounts, loan products, as well as high-rate deposit products.
Johnathon Welch, regional president will oversee all activities for Sterling Bank in Northwest Arkansas with assistance from Charles Johnson in managing operations. Additionally, Sterling has assembled a community board for Northwest Arkansas consisting of a group from a number of different professional backgrounds. Members of the community board include Eric Arthur, Johnathon Welch, Dan Cheek, Alan Cole, Dan Ellis, Cory Scott, and Holland Weaver.
Headquartered in Poplar Bluff, Sterling Bank has two locations in St. Louis, numerous locations throughout Southeast Missouri, one in Kansas City, and a location in the Chicago suburb of St. Charles, Illinois.
Sterling Bank is the wholly owned subsidiary of Sterling Bancshares, Inc.
As of September 30, 2020, Sterling Bank has assets of $1,273,264,852 and gross loans of $1,008,009,830 with $1,617,780,354 loans under management.