Merchants and Planters Bank has announced the opening of their new, full-service banking office, located at 3081 Harrison Street in Batesville, AR. They officially opened for business on Monday, November 20th, offering an extensive line of financial solutions, complete with checking accounts, savings accounts, commercial and consumer loans, mortgage loans, trust, wealth-management, and insurance services.
This expansion comes twenty years after Merchants and Planters opened for business in Batesville. “We made the decision to build an additional location on Harrison Street to accommodate our customers,” states Lee Conditt, market President. “Many of them live, work, and own businesses in this area of town, and we wanted them to be able to get to our bank quickly and easily. We love our new location, have a wonderful staff, and are thankful to be able to continue serving our community. The future is very exciting.”
The office is a two-story facility with over 17,000 square feet, making it M&P’s largest banking location. “Merchants and Planters Bank didn’t build this office to be a ‘big’ bank”, says President and CEO, Jim Gowen, Jr. “We built it to meet the needs of our community better and to let them know that we are committed to serving Independence County. We still hold true to our home-town values and our promise to be a community bank that will never outgrow our customers.”
This is the bank’s thirteenth location in their five county service area. Merchants and Planters Bank was established in 1946 and operates as a community bank that is over thirty percent employee-owned. Their other Independence County offices are in Southside, Downtown Batesville, and Newark, and will retain the same businesss hours.
Merchants and Planters will host a grand opening celebration for the community in late January at their new office, but invites the public to stop in to tour the office and meet the staff any time before then. Their lobby hours are Monday through Friday from 8:30 to 5:00. The drive-thru is open Monday through Friday from 7:30 to 5:00 and Saturdays from 9:00 until 12:00.