Celebrating 10 Years of Growth
by Madelyn McConnell
April 24, 2023
This April, we’re celebrating an important milestone: the 10th anniversary of our expansion to Northwest Arkansas! While we began serving customers in Northeast Oklahoma in 1981, we knew we had to share our love for community banking in Northwest Arkansas.
Ten years ago, Grand Savings Bank gained the partnership of a great group of investors out of Northwest Arkansas and Northeast Oklahoma. With their investment, Grand Savings Bank grew from two flagship branches in Grove and Jay to 13 branches as of today.
Here are the key moments from our past decade:
April 1, 2013 – Investors acquired Grand Savings Bank with a goal in mind: expansion into Northwest Arkansas.
August 2013 – The Bentonville, Arkansas branch, our third location, opened. This expanded GSB into a new state and county.
July 2014 – The Rogers, Arkansas location at Hudson Rd opened, giving us four total branches.
December 2014 – Grand Savings Bank acquired Decatur State Bank, which included three branches in Decatur, Gentry, and Siloam Springs, Arkansas.
August 2016 – We opened our eighth location on Pleasant Grove Rd. in Rogers, Arkansas.
October 2016 – We entered the River Valley market with the opening of our ninth location in Fort Smith, Arkansas.
May 2017 – With a new construction project in Fairland, Oklahoma, we opened our tenth location and expanded into Ottawa County.
November 2017 – We opened our eleventh location – a remodel in the heart of Gravette, Arkansas.
April 2018 – Our new Rogers Hudson branch opened.
October 2018 – We entered Washington County with a temporary location on the square in downtown Fayetteville, Arkansas.
February 2021 – The Fayetteville location moved to College Avenue – a remodel of the old AQ Chicken House.
May 2022 – Our new Springdale location became our 13th branch.
March 2023 – Our Gentry branch moved into its new and improved location, a newly constructed branch just up the street from the old one.
And that brings us to today! While GSB has grown and changed a lot since we started, some things don’t change. We remain a locally-owned bank—owned by our Board of Directors, Executive Officers, and local community members.
And one thing that will never change is our commitment to our customers and communities. We plan to continue serving you with excellence in the future.
