Arvest Bank announced July 6 plans to open a loan production office in Frisco, it’s first in the North Texas market.
What you need to know
The office will open later this year on Preston Road and will be staffed by “a local team of commercial lenders,” a July 6 news release from Arvest states. These lenders will offer “a range of commercial loans, including real estate, lines of credit and equipment financing,” per the release.
“Our physical expansion into North Texas is an exciting step for Arvest and a direct response to the momentum we’re already seeing in the metroplex,” David Madigan, president of Arvest Bank-Southwest Oklahoma, said in the release. “The loan production office allows us to expand our growing commercial loan business and reinforce our commitment to supporting regional businesses with on-the-ground expertise and tailored lending solutions.”
