Toll Free 800.831.3587

The Exchange

Offering the latest news and leading insight.
Delta Trust & Bank Coming To Conway

The official press release regarding Delta Trust’s newest branch in Conway is below.

Today, Delta Trust & Bank and The Purple Cow announced the opening of their new Conway locations.

Hendrix College and a group of investors have come together in a joint venture to develop Market Square South in The Village at Hendrix, a New Urbanist neighborhood adjacent to the Hendrix campus. The 30,000-sq.-ft. Market Square South building will include commercial tenants on the ground floor and student residences on the upper two floors.

The commercial tenants in building will include the new Conway office of Delta Trust & Bank, a full-service financial institution with branches located across Arkansas; The Purple Cow, a popular ’50s style diner with locations in Little Rock and Hot Springs, Ark., and Dallas, Plano, and Fairview, Texas; and Conway Management, Inc., a hotel management group. The project should be completed by the end of the year with the commercial tenants opening for business early in 2014.  Student residences should be ready by the beginning of the fall 2014 semester.

“Delta Trust is thrilled about our new home in Conway. The Village has a very dynamic atmosphere and we are working to create an innovative branch that mimics the feel with the latest technology and best customer service possible,” said French Hill, CEO of Delta Trust.

Unlike a traditional commercial lease arrangement, the building’s ownership will be shared. Hendrix will own the upper two floors of the building and the investor group, which includes the ground floor tenants, will own the ground floor.

“Our Conway customers have requested we locate a store here and we’ve been working for the past four years to find the ideal location. Hendrix has delivered all the right attributes for Purple Cow to bring great food, shakes and fun for the young of all ages. We couldn’t be more excited,” said Phillip Tappan, CEO of Purple Cow.

The Village at Hendrix already includes mixed-use buildings that similarly house students and commercial businesses.

“We’re very excited about this unique partnership,” said Hendrix Board of Trustees chair David Knight. “Market Square South will be a great addition to both The Village and to residence life for our students.  Delta Trust & Bank and the Purple Cow are a great fit and will add value as part of our community.”

Originally announced by the College’s leadership and Board of Trustees in 2006, The Village’s initial plans included both residential and commercial phases, as well as a watershed restoration project which serves as an amenity for the neighborhood, as an outside classroom for students studying the environment, and as the primary storm water management for the neighborhood.

Approximately 45 single-family homes and 80 apartments have been built in the first residential phase of the mixed-use neighborhood.

“This project helps complete the square and provides a great core to our commercial area that we can really build off of for a more vibrant commercial and retail center,” said Ward Davis, CEO of The Village.

Additional residential and commercial phases for The Village are on the drawing board, Davis said.

Prior to providing the master design for the Village at Hendrix, the Miami, Florida-based New Urban design firm Duany Plater-Zyberk and Company created the communities of Seaside in Florida and Kentlands in Maryland. DPZ also developed the master plan for Hendrix College.

 

 

Meet With Us

We are ready to discuss your financial needs. Scheduling a time to meet with us is simple, just click here.

©2014 Delta Trust & Bank | Privacy & Security

This blog does not necessarily reflect the opinion of Delta Trust & Bank or any subsidiaries. They are the opinion of the author.

For bank products or bank specific posts:

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category

For any posts or products related to Delta Trust Investments, Inc., Delta Trust Insurance or the trust department:

Not Insured by FDIC or any Federal Government Agency. May Lose Value. Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate.

Any customer who should happen to be dissatisfied with the service provided by Delta Trust Investments, Inc., is invited to write to:

James Alger, President, Delta Trust Investments, Inc. | P.O. Box 17607 | Little Rock, AR 72222 | 501-907-2297 or 1-877-349-9333, or Email James Alger.

Delta Trust Investments Inc. is a member of FINRA* and SIPC*

*By clicking on 3rd party links you will be leaving the Delta Trust Investments Inc website.

Equal Housing Lender Member FDIC

You are leaving delta-trust.com.

Close

You are leaving the Delta Trust Website. Do you wish to continue?

Meet With Us

We are ready to discuss your financial needs. Fill out the form below and someone will be in touch with you.

NOTE: Please do not include sensitive information such as your social security number or account number in your message.

×

Contact Us

We are ready to discuss your financial needs. Fill out the form below and someone will be in touch with you.

NOTE: Please do not include sensitive information such as your social security number or account number in your message.

×