ST. LOUIS, Dec. 15, 2021 /PRNewswire/ -- Simmons Bank and
the Urban League of Metropolitan Saint Louis, Inc. (ULSTL)
announced today the signing of a lease agreement that will
establish a new full-service Simmons Bank branch on the first floor
at the ULSTL headquarters. Located at 1408 North Kingshighway,
construction on the branch is set to begin in early 2022 with
completion slated by summer of 2022. The new 2,567 square-foot
branch will provide customers access to a full-range of banking
products and services designed to help them meet their evolving
financial needs and will also include a drive thru banking lane and
ATM with after-hours deposit capabilities.
![Simmons Bank (PRNewsfoto/Simmons Bank) Simmons Bank (PRNewsfoto/Simmons Bank)](https://mma.prnewswire.com/media/1162638/Simmons_Bank.jpg)
"Simmons Bank is proud to partner with the Urban League of
Metropolitan Saint Louis to further support our shared vision of
empowering individuals and creating economic opportunity," said
Allan Ivie, president of community
affairs for Missouri at Simmons
Bank. "The addition of a branch in the Urban League building
creates an anchor in the North St.
Louis City community that can serve as a catalyst for
additional investment and development along the Kingshighway
corridor. Simmons Bank will play a key role in these efforts by
providing needed depository, lending and other financial services
to the community."
The new branch represents further deepening of the partnership
between Simmons Bank and the ULSTL which began in 2019 with a
$10,000 donation to support
programming at ULSTL. In 2020, the ULSTL purchased their
headquarters building 2020 and Simmons Bank assisted in providing
financing and, shortly after, approached the ULSTL to discuss the
addition of a branch at this location.
"The addition of a Simmons Bank branch represents a sizeable
investment in our community," said Michael
P. McMillian, president and CEO of the Urban League of
Metropolitan Saint Louis, Inc. "Currently, there is a four mile
stretch along Kingshighway from Vandeventer Avenue on the south to
Natural Bridge Avenue on the north without a bank branch. This
project is a significant step in helping serve the under-banked
residents and small businesses of North
St. Louis City, especially those along the Kingshighway
corridor."
The new branch will be designed and built by minority-owned
businesses Grice Group Architects and KWAME Building Group. Grice
Group Architects designed the Centene Ferguson Training Facility in
collaboration with ULSTL and Centene Corporation. KWAME Building
Group constructed the 13,500 square-foot Community Empowerment
Center of Ferguson in partnership
with the ULSTL in 2017.
About Simmons Bank
Simmons Bank is a wholly owned
subsidiary of Simmons First National Corporation (NASDAQ: SFNC, a
Mid-South based financial holding company. Simmons Bank operates
over 200 branches in Arkansas,
Missouri, Tennessee, Texas, Oklahoma and Kansas. Founded in 1903, Simmons Bank offers
comprehensive financial solutions delivered with a client-centric
approach. Simmons Bank was named
to Forbes magazine's list of "World's Best
Banks" for the second consecutive year and ranked among the
top 30 banks in Forbes' list of "America's
Best Banks" for 2021. Additional information about Simmons
Bank can be found on our website at simmonsbank.com, by
following @Simmons_Bank on Twitter or by visiting
our newsroom.
About Urban League of Metropolitan Saint Louis, Inc.
The mission of the Urban League of Metropolitan St. Louis, Inc. is
to empower African Americans and others throughout the region in
securing economic self-reliance, social equality and civil rights.
As the leading champion of empowerment and opportunity for African
Americans, the Urban League of Metropolitan St. Louis envisions a
region where all people are valued members of the community; can
adequately support themselves and their families; can live in
neighborhoods that are vibrant and thriving; and share in the
region's prosperity and well-being.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/simmons-bank-and-urban-league-of-metropolitan-st-louis-announce-agreement-to-establish-new-full-service-bank-branch-301445380.html
SOURCE Simmons Bank