Bentonville-based Arvest Bank recently unveiled its expansion plans for 10 new branches in northwest Arkansas, southwest Missouri, and northeastern Oklahoma by the end of 2007.
The projected construction costs for the combined building projects are $18 million.
Among the expansion plans for Oklahoma include a branch in Grove. The new 5,000 SF bank will be located at 1818 S. Main St., and is slated for completion in Spring 2007. The branch will employ 15.
In July, Arvest announced plans to build its 33rd Tulsa-area location by building a 4,000 SF branch in Tahlequah. The bank also plans to build a Jenks operation by 2007.
The $18 million building project also includes new facilities in Pea Ridge, Gravette, West Fork, Clarksville, Conway, and Russellville, Ark., as well as Branson, Mo.??
The bank operates more than 200 bank branches in Arkansas, Oklahoma and Missouri.