YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

OakStar ready to build permanent banking center

Posted online
Just more than a year after entering the market, Springfield-based OakStar Bank broke ground Dec. 21 for its permanent banking center at 1020 E. Battlefield Road in Springfield.

The nationally chartered startup bank plans to open the approximately $5 million to $6 million facility by December 2007.

In the works

Plans call for a 28,000-square-foot building that would house banking operations and training centers on its first and second floors. Its third floor would remain unfinished for future expansion.

Baron Design and Associates is the architect, and Killian Construction is the general contractor.

OakStar, a business-oriented bank, opened near the end of 2005 with $10 million in capital, put up by 40 investors.

The bank employs 21 people and has been temporarily located in a modular building at the Battlefield Road location.

This story originally appeared in SBJ’s Dec. 15 free e-news Daily Update. Click here to register.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences