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Open for Business: OakStar Bank

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OakStar Bank
A new OakStar Bank branch opened Feb. 15 in the former South Oaks Center, now Bedford Side Plaza, at 3620 E. Sunshine St. The full-service bank operates in 2,500 square feet in the development remodeled by Raga Properties LLC. Charles Hachtel leads a staff of 10 as president of the branch, the bank’s second in Springfield. Lease terms with Raga Properties and startup costs were undisclosed. OakStar currently operates 14 branches, a loan office in Joplin and a mortgage center in Kansas City, according to its website. The bank also moved to a new operations center in Chesterfield Village, at 2155 W. Chesterfield Blvd., in January. As of June 30, 2018, OakStar Bank’s assets were nearly $696 million, deposits were $480 million and loans were $545 million, according to the latest Federal Deposit Insurance Corp. market share report.
Hours: 9 a.m.-5 p.m. Monday through Friday, lobby; 8 a.m.-6 p.m. Monday through Friday and 9 a.m.-noon Saturday, drive-thru
Phone: (417) 447-0533
Web: OakStarBank.com

College Fund Donuts
Liam Story is a first-time business owner at the age of 19. He opened College Fund Donuts on April 13 at 213 Promenade Way, in Branson Landing. Near the fountain area of the outdoor retail center, the doughnut shop operates in a 10-by-8-foot shipping container. Story said he did about 95% of the welding work for the business, which specializes in miniature-sized doughnuts. Startup costs were around $30,000, with much of the costs tied up in equipment. Five employees staff the shop, with Story on a 10-month lease with HCW Development Co. The name of the business is inspired by part of its goal, which Story said is to help provide money for sister Lily Story’s college fund. She plans to become a nurse. Doughnuts come in plain, powdered sugar and cinnamon-sugar options, and chocolate, vanilla and maple dips also are available. Prices range from $6 a dozen to $15 for three dozen.
Hours: 9 a.m.-9 p.m. Monday through Thursday, 9 a.m.-10 p.m. Friday and Saturday, and 10 a.m.-8 p.m. Sunday
Phone: (417) 222-0383
WebCollegeFundDonuts.com

Elliott, Robinson & Co. LLP
Accounting firm Elliott, Robinson & Co. LLP relocated and expanded its Republic office with the Nov. 30, 2018, opening at 760 E. U.S. Highway 60 in Wildwood Plaza. Spokeswoman Brenda Raynor said the firm was the first tenant in the $3.75 million commercial development, which also is home to Flat Creek restaurant. Startup costs and lease terms with the Pinegar family of Pinegar Chevrolet Inc. were not disclosed. With the move, Elliott, Robinson & Co. doubled its office space to roughly 3,000 square feet. The firm first set up shop in Republic after merging with Lindy H. Maus, CPA, in December 2015. For seven employees, including two dual office staff, the new space has eight offices, a conference room, kitchen and break room, and a processing area. In addition to its Republic expansion, the firm opened a Branson office Oct. 1, 2018, at 215 W. College St. The company moved in 2015 to a $3 million headquarters in Springfield after 40 years of operation in Plaza Towers
Hours: 8 a.m.-5 p.m. Monday through Friday
Phone: (417) 732-7252
Web: ERCPA.com

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