Construction to begin for Wells Bank
TONY BROWN/DAILY FORUM
A crew from White Cloud Engineering & Construction works Thursday morning to install a new waterline beneath Carefree Drive near the street’s intersection with South Main. The line will serve a new retail subdivision on the south end of town known as Fountain Park. Construction of a new Wells Bank of Platte City branch, which will serve as an anchor business within the subdivision, is scheduled to begin next week.
Wells Bank of Platte City officials will host a groundbreaking ceremony at 2 p.m. Tuesday marking the start of construction of the bank’s new Maryville branch.
The ceremony will take place at the construction site, located at 2920 South Main across the street from Applebee’s restaurant. Crews are actually expected to begin work there on Monday.
The 3,600-square foot facility is scheduled to open next spring. Planning documents filed with the City of Maryville indicate the bank is to include three drive-through lanes, one of which will provide access to an ATM machine.
A press release issued by the Wells Bank stated that Mark Quick of Oregon, Missouri, will serve as Maryville branch manager and loan officer. According to the release, Quick has eight years of experience in the financial services industry, most recently with Bank CBO, formerly Citizens Bank of Oregon.
When the bank opens next year, the release stated, Quick will supervise a four-person staff.
Wells officials have also announced a scheduled January merger between Wells Bank and Bank CBO. The merger means Wells will operate banking centers in Maryville, Oregon, Savannah, Platte City, and Kansas City.
Wells Bank offers a variety of financial services, including personal and business deposit and loan accounts and fixed-rate mortgages for residential and agricultural real estate. The bank’s website is located at wells-bank.com.
The new bank will serve as the anchor business of a proposed new retail subdivision, Fountain Park, envisioned by local developer Bill Ingels.
Last March the Maryville City Council approved a preliminary plat for Fountain Park, a 13-acre plot consisting of four commercially zoned parcels.
Earlier this year, the council appropriated $80,000 that will be used to partially pay for improvements at the site, including water and sewer lines. Other infrastructure at Fountain Park is to include a new street, Fountain Parkway, which will run west from Business 71.
The municipal funds are coming from a regularly appearing line item in the city budget earmarked for infrastructure projects related to economic development.
