Legacy National Bank of Springdale has purchased a substantial piece of property in Bentonville with plans to build a new banking center.
According to a deed filed Nov. 30 at the Benton County Courthouse, LNB paid $2 million for 2 acres at the southwest corner of Walton Boulevard and Southwest 28th Street.
The property at 2904 S. Walton belonged to the Elizabeth A. Bolte Trust. The site is catty corner from Tractor Supply Co. and includes a 2,680-square-foot residence
Bank President and CEO Don Gibson said the home will be razed and the site developed as the bank’s sixth banking center, joining others in Springdale (3), Fayetteville and Rogers.
“The momentum all over Northwest Arkansas is strong and really vibrant, but the epicenter for that right now is in Bentonville,” Gibson... [ MORE ]