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Rose Hill Bank buys site at Ridge, 33rd N.

Friday, September 21 2007 12:00 AM
Rose Hill Bank buys site at Ridge, 33rd N.

By Jerry Siebenmark
The Wichita Eagle

Rocky Waitt has finally found a location for Rose Hill Bank's west-side branch.

The president of the $160 million bank, which has branches in Wichita, Rose Hill, and Augusta, said this week the bank's newest branch will be locted on the northwest corner of 33rd North and Ridge Road.

Wait thinks he found the best spot for the new branch after looking for two years.

"It's hard to find a good location on the west side, at least for me it was," Waitt said.

The problem, he said, was finding a spot with steady traffic that would be easy for customers to get in and out of.

"I tried to make sure we had good ingress and egree," Waitt said. "We're really excited because there's been some great growth on the west side and the the mold of our bank a lot."

Construction on the new branch probably won't begin until early 2008. Waitt expects it to be finished that same year.

Plans call for the branch to be 4,500 square feet, sitting on a lot that's just over an acre.

Waitt said that the branch will have about eight employees, including two loan officers. It will also have drive-through teller lands and a drive-up ATM.

Selection of an architeect and general contractor is pending.

Brad Saville, president of Landmark Commercial Real Estate Inc., represented Rose Hill Bank, which bought the land from developer Jay Russell.

Saville said Ridgeport Commercial, the development where Rose Hill Bank will be located, is a mix of retail, office and industrial spaces.

Rose Hill's new branch will be in a ZIP code that has $281 million in deposits shared between eight banks and bank branches, according to Federal Deposit Insurance Corp. data.

Intrust Bank leads the 67205 ZIP code with $119.5 million in deposits, the FDIC data said.

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