BXS Insurance Inc., a subsidiary of BancorpSouth Bank, broke ground on its new Northwest regional insurance and banking headquarters located at 17900 Chenal Parkway in Little Rock on Wednesday.
The four-story, 40,000 square-foot building will house BXS Insurance as well as a full-service bank branch with commercial lending, wealth management and mortgage services.
“We’re excited about the internal synergy that will be created by having multiple functions in the same building,” said BXS Insurance Regional President Mike Halter. “We’re looking forward to serving our customers in this premier location.”
BancorpSouth opened a new branch on Central Avenue in Hot Springs earlier this year, and its new building on East Oak Street in Conway is on track to be completed in November. The construction of its newest project is expected to start immediately.
“We’re proud to continue to make investments like this in Central Arkansas,” said Chris Locke, president of BancorpSouth North-Central Arkansas division. “This project is the latest example of our commitment to our communities and promise to be right where our customers need us to be on their financial journey.”
Little Rock Mayor Frank Scott, Jr. was also present for the groundbreaking ceremony.
BXS Insurance operates 31 offices with approximately 680 insurance and risk management professionals ready to provide local expertise backed by worldwide resources. BancorpSouth Bank (NYSE: BXS) is headquartered in Tupelo, Mississippi.