Poplar Bluff-based First Midwest Bank is putting down roots in the Queen City.
First Midwest Bank, which this month opened a loan production office in Springfield at 1525 E. Republic Road, Ste. A125, purchased a former Bank of America building at 2540 E. Sunshine St., according to a news release. The company has received Federal Deposit Insurance Corp. and Missouri Division of Finance to open a full-service branch at the site.
"The bank is working with a design-and-build firm that will team up with local contractors to completely remodel the facility inside and out,” said Joseph McLane, president of First Midwest Bank, in the release. "By building a strong banking team that lives and works in the Springfield area, we will better understand the financial needs of our customers, allowing us to provide personalized service."
A planned opening date on East Sunshine was not disclosed in the release, and a spokesperson was unavailable by deadline. The loan production office will close, officials said, and its staff will move when the branch on Sunshine Street is complete.
“We are pleased to be in Springfield and have the opportunity to recruit and build a strong team of local bankers to help Springfield continue its tradition of growth and prosperity,” said Steve Millington, senior vice president and 25-year veteran with First Midwest Bank who is leading the Springfield operations, in the release.
A warranty deed on file with the Greene County recorder's office shows the Sunshine Street property changed hands in November. Greene County assessor records indicate the property is roughly 7,700 square feet and has a total appraised value of $1 million.
This is the fourth hangar at the Springfield-Branson National Airport for OzAir Charter Service.