WACO, Texas (KWTX) TFNB Your Bank for Life announced Monday it plans to open a fifth location on Elm Avenue in East Waco.
TFNB Your Bank for Life announced Monday it plans to open a fifth branch on Elm Avenue in East Waco. (Photo by Ke'Sha Lopez/file)
"In a time of economic renaissance in East Waco, a banking resource is vital," Dist. 1 Waco City Councilwoman Andrea Barefield said in a press release.
“The lack of bank-owned ATMs has inconvenienced East Waco for far too long. TFNB is committed to their part in seeing this community's economy grow; providing institutional knowledge, access to capital, and financial education,” she said.
The bank did not announce a timetable for construction.
“It’s our desire to be a part of and connect with East Waco in East Waco not from across town,” bank President and CEO David Littlewood said.
“We will have a full-service staff on site that will be there to meet their needs. A community is as good as the sum of its parts. East Waco has some of the longest established businesses and neighborhoods in all of Waco. To our knowledge, no financial institution has ever had a location in the heart of this core part of our city.”