Arkansas Federal Credit Union recently broke ground on a new $6.5 million branch in Rogers. When completed this fall, the branch will be Arkansas Federal’s second location in Rogers.
“Today marks a significant milestone for Arkansas Federal Credit Union,” said Arkansas Federal President and CEO Rodney Showmar. “With this new location, we continue our investment in northwest Arkansas and on our promise to provide easier access to our products and services and expand on a broader commitment to open new branches across the state. We look forward to continuing to partner with local businesses and residents in the Rogers area to help them achieve their financial goals and further our mission to make a difference in the communities we serve.”
This new full-service branch will employ 10 staff and offer comprehensive financial services, loans and mortgages, treasury management and insurance services. The new facility will also offer four hotel cubicles and a retail training room.
The branch will be located at 1003 S. 52nd St. in Rogers. The 7,904-square-foot facility will represent the first ground-up build for the company in northwest Arkansas. Architecture firm Williams & Dean of Little Rock designed the new facility, while construction will be handled by Hydco Construction of North Little Rock. Construction is scheduled to be completed in the fourth quarter of 2023.
Officials who attended the groundbreaking ceremony: Rodney Showmar, president and CEO of Arkansas Federal Credit Union; Jad Malek, senior vice president and chief retail officer; Sultan Ali, vice president of northwest Arkansas retail operations; Jon Moore, chairman of the board; in addition to Rogers Mayor Greg Hines; Steve Cox, senior vice president of economic development at Rogers-Lowell Chamber of Commerce; Arkansas Sen. Bart Hester; Arkansas Sen. Josh Bryant; Rogers City Council members Clay Kendall, April Legere and Marge Wolf; John Schmelzle, chairman of the Rogers Planning Commission and other community and business leaders.
