First Community Bank announced two new initiatives for downtown Batesville at Monday’s ribbon-cutting ceremony for the bank’s new branch bank on Main.
Dale Cole, CEO for First Community Bank, told the large crowd gathered for the event that the bank will make available $10 million for Main Street business loans. And the interest will be the prime, less one-half percent.
First Community Bank’s CEO Dale Cole visits with attendees of Monday’s ribbon-cutting ceremony for the bank’s new branch on Main Street in Batesville.
Cole also announced First Community Bank will match grants for downtown businesses to improve their buildings. The match will be for up-to-$2,500 per business.
“Why wouldn’t someone do that?” Cole asked the crowd after explaining the matching grant program. “If 100 businesses do that, First Community Bank would be contributing $250,000 to help beautify downtown.”
At the ceremony, Cole also introduced the branch’s “Community Events Room” for citizens to use. The room will be available for use seven days a week.
A glimpse inside the lobby of the new bank branch.
Attendees at First Community Bank’s ribbon-cutting ceremony inside the branch’s new “Community Events Room.”
Bottom two images via First Community Bank’s Facebook page.
Get up-to-date local and regional news along with the latest weather every weekday morning by listening to Gary B. and Ozark Newsline on Arkansas 103.3 KWOZ, 93 KZLE, and other W.R.D. Entertainment radio stations. If you have a news tip or event to promote, email White River Now at email@example.com.