Have you heard a growing bank based in northeast Arkansas is planning to make a big splash in Northwest Arkansas?
So have a lot of folks, but we have not been able to confirm that First National Bank of Paragould has its eyes on this corner of the state.
We tried to reach Donald Guinn, president and CEO of the bank, but were unsuccessful.
Further details from the rumor mill, the bank’s entry point would be six vacant branches — three in Rogers, two in Springdale and one in Fayetteville — previously occupied by Metropolitan National Bank.
For what those properties are listed, the price tag would be in the neighborhood of $14 million.
FNB has eight branches in northeast Arkansas and is expected to open its ninth location later this year — about 130 miles away from Paragould... [ MORE ]