Heritage Bank of the Ozarks announced at Tuesday night's Board of Alderman's meeting that they are planning expansion into Camdenton. This comes with a plan to construct a new full service banking facility.
Heritage Bank of the Ozarks announced at Tuesday night’s Board of Alderman’s meeting that they are planning expansion into Camdenton. This comes with a plan to construct a new full service banking facility.
The bank has contracted to purchase land on South Business Route 5, just off the Camdenton Square that will be the home of a new facility, including drive-up banking services. The site has South Business Route 5 frontage and is bordered by Court Circle SE, Camden Avenue and Illinois Street.
“We’ve had a great first four years in Camdenton and the current location of our branch has served us well during that time,” said K. Clayton Rogers, Community President for the Camdenton branch of Heritage Bank of the Ozarks. “However, with the growth we’ve experienced since we opened, we are committed to fulfilling our promise to provide a larger bank with drive-up services and better parking. We are excited about a new facility that will serve our customers better and show our commitment to the community as a permanent financial institution.”
Heritage Bank of the Ozarks opened its Camdenton branch in November 2013 at 226B East Highway 54. Rogers, with 37 years of banking experience, has served as Community President since that time. Heritage Bank of the Ozarks Chairman and CEO Bill Lewis said while still in the preliminary planning stages, and subject to city and regulatory approval, the bank is proceeding with initial steps to build.
According to Lewis, the bank is in the process of finalizing the purchase and then proceeding with architectural plans for the new construction. It is anticipated the new facility will be completed sometime in 2019.
Camdenton Mayor John McNabb says that he is happy to bring the new building into town, though one of his main concerns is keeping the greenery in the area retained. There was also an active concern with neighboring houses and possible issues with interrupting draining in the area. Project managers attending the meeting assured that both of these concerns would be taken into consideration.
“We are honored to know that more and more people of Camdenton and the outlying communities are trusting us to provide them with financial services,” said Lewis.”It has always been the vision to firmly and permanently plant Heritage Bank in Camdenton. We are a part of the community with a very solid, experienced banking team at Camdenton who are extremely dedicated to serving their community. This new facility will only enhance their commitment to their friends, neighbors and fellow Camden County area businesses.”
Heritage Bank of the Ozarks, chartered in 2003, is an independent community bank with two locations; Lebanon and Camdenton. Though the bank has grown in recent years, management and staff remain focused on the communities and customers it serves.