Lenders
Priority Bank
Priority Bank is a community bank based in Fayetteville, Arkansas, serving Ozark and Northwest Arkansas. It is incorporated in Arkansas, is a federally chartered savings bank regulated by the Office of the Comptroller of the Currency, and is a member of the FDIC. The bank opened for business on July 3, 1993.
Commercial real estate lending covers purchase, refinance, and construction of commercial property, for owner-occupied or investment property, with repayment terms the bank says are customized to the business. It also offers small business loans, business lines of credit, and business deposit accounts, and says lending professionals know the local real estate market and that decisions and processing happen locally in Arkansas.
Alongside commercial lending, Priority Bank offers business and personal checking, savings, money market, and certificate accounts, merchant card services, online banking and bill pay, and residential mortgage lending through its mortgage loan officers. Its parent company is Priority One Holding Company. Priority Bank's NMLS number is 412719.
Branches are in Prairie Grove, Fayetteville, and Ozark, with separate mortgage lending offices in Ozark and Fayetteville. Loan minimums, rates, recourse terms, and cash-out policies are not published on the commercial real estate page; ask a lender directly.
Best for
Northwest Arkansas and Ozark-area borrowers buying, refinancing, or building commercial property who want a local lender. Not a fit for investors outside Arkansas or for deals that need published terms up front.
What they do
- Commercial real estate purchase and refinance loans
- Commercial construction loans
- Small business loans
- Business lines of credit
- Business checking, savings, and money market accounts
- Business certificates of deposit
- Merchant card services
- Residential mortgage lending
- Online banking and bill pay
Details
| Attribute | Value |
|---|---|
| Founded | 1993 |
| Ownership | Subsidiary |
| Other offices | Prairie Grove, AR, Ozark, AR |
| Licenses | Priority Bank NMLS #412719, Federally chartered savings bank regulated by the OCC |
| Memberships | FDIC member |
| Lender type | Bank |
What stands out
- Opened for business on July 3, 1993, serving Ozark and Northwest Arkansas.
- A federally chartered savings bank regulated by the Office of the Comptroller of the Currency and a member of the FDIC.
- Branches in Prairie Grove, Fayetteville, and Ozark, plus mortgage lending offices in Ozark and Fayetteville.
- Says commercial real estate decisions and processing are handled locally in Arkansas.