The details
Frost Bank is slated to open a new 4,500-square-foot branch in January, which will include a drive-thru bank and offer services such as checking and savings accounts, personal financing, personal and commercial loans, trust services, treasury management, wealth advising, insurance and investments.
United Heritage Credit Union also broke ground on a new branch in October, which officials say is slated to open by next summer.
Along with general financial services such as checking and savings accounts, insurance and personal and commercial loans, the credit union will feature 24/7 drive-thru ATMs and on-site investment services.
Offering input
Frost’s new location is part of the bank’s expansion across the region and state, said Bill Day, Frost Bank’s senior vice president of corporate communication.
In 2023, the institution announced plans to double its number of branches in the Austin area by 2026.
“The Arboretum area, like so many other areas around the Austin region, is growing rapidly, and local residents and businesses need more banking services,” Day said.
Similarly, UHCU is expanding in Northwest Austin to reach new members in a “rapidly expanding part of the city,” Chief Operations Officer Deena Massa said.
“Opening a branch here allows us to provide more convenient access to personalized banking for families and local businesses in the area,” Massa said.
