Intrust Bank plans to build its first new branch in Wichita in a decade.
The $4.3 billion bank said Wednesday it has purchased ground just east of 31st Street South and Seneca for a new south Wichita branch.
Construction on the new branch, at 1010 W. 31st St. South, won’t begin until late next year. That’s because the bank will have to raze an existing building at the site before building there.
The new branch is expected to open sometime in 2018.
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It will be 3,000 square feet and likely have a similar appearance on the outside as its 25 other Sedgwick County branches, Intrust spokeswoman Diane Iseman said.
But, she said, on the inside it will feature more of an open concept. It also will have a dedicated teller line for commercial and small-business customers, she said.
The new branch also will serve as a replacement branch to one at 2439 S. Seneca, Iseman said. That branch sits on land the bank leases. She said the bank’s preference is to have branches on land it owns.
Intrust has been looking for a while for a new site for the South Seneca branch, which Iseman said is a “busy location” for the bank.
“We spent a lot of time looking for the right piece of property,” she said.
Bradley and Grant Tidemann of J.P. Weigand handled the property transaction for Intrust.
Rod Coker of Architectural Development Services will design the new branch. Selection of a general contractor is pending.
Iseman confirmed this project is the first branch construction for the bank since opening a branch at 405 S. 199th St. West in September 2007.
The Wichita-based bank has 46 branches in Kansas, Arkansas and Oklahoma.