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VOL. 133 | NO. 121 | Monday, June 18, 2018

Bank of Bartlett Consolidating Germantown Branches

By Patrick Lantrip

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Bank of Bartlett has announced it will consolidate its two neighboring Germantown operations in a singular “enhanced” location at the corner of Poplar Avenue and Kirby Parkway.

Effective Oct. 31, the Village Square shopping center branch will merge into the existing Poplar and Kirby branch less than two miles to the west.

As the latter branch is located in Germantown’s Smart Growth sector, which allows building heights up to eight stories, Bank of Bartlett indicated the potential for vertical expansion and the proximity the TraVure building, which is home to MAA’s national headquarters, as two reasons behind the decision.

“In the Poplar and Kirby branch, Bank of Bartlett owns what many consider to be the premier location in the Germantown and metro area,” Bank of Bartlett president Harold Byrd said in a statement. “This consolidation allows us to grow smarter. It allows us to focus on stable growth in this area and, what is most important, investing in our customers through offering highly competitive rates and unmatched service.”

In addition to combining of their two Germantown branches, Bank of Bartlett has also added a new business banking officer, and a mortgage hub with an additional originator and processor on staff, said Byrd went on to say.

Over the last year, Bank of Bartlett has been investing in the Poplar/Kirby branch to prepare for the consolidation by adding more staff to minimize wait times for customers, improvements to the space, upgrades to the teller row, and new lighting and exterior enhancements.

Currently, Bank of Bartlett’s footprint includes eight area branches and 85 ATMs in Memphis-area Walgreens. The bank indicated it is looking to further expand its footprint into the Arlington and Midtown areas.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 140 207 19,653
MORTGAGES 128 196 22,629
FORECLOSURE NOTICES 8 13 2,935
BUILDING PERMITS 166 367 40,371
BANKRUPTCIES 40 102 12,588
BUSINESS LICENSES 16 33 6,407
UTILITY CONNECTIONS 31 81 7,476
MARRIAGE LICENSES 24 47 4,500