Farmers Bank & Trust moved their branch located at 1061 N. Coleman Street in Prosper, Texas to a newly constructed building located at 750 N. Preston Road in late November. The new location will host a Prosper Chamber of Commerce Ribbon Cutting and Grand Opening on Thursday, December 5, 2019 from 10 a.m. to 12 p.m.

The new building will provide full teller, accounts and loan services, a drive- thru and a notary. In addition, the new location will have a MyFarmers iTeller Interactive Teller Machine with live teller services from 7 a.m. to 7 p.m. Monday through Friday and 8 a.m. to 3 p.m. on Saturday, with 24/7 ATM services. The leadership team for the new branch will include Ray Smith, Prosper Market President; Lorrie Harrison, Prosper Branch Supervisor; and Mack Streety, Chris Brown, and Robby Harrison, Commercial Loan Officers.

Ray Smith, Farmers Bank & Trust Prosper Market President, said, “The building construction completion is an exciting investment for the Bank in Prosper, Texas. We invite everyone to stop by our new location to visit and learn more about how we can help you with your financial needs.”

The Bank partnered with Atlanta-based LEVEL5 (, a leading national design-build firm specializing in financial institutions. The branch represents a departure from the way Farmers traditionally operates their branches by adopting an open concept with a focus on customer experience and technology.

Chris Gosnell, President and CEO of the Bank stated, “Although customers continue to desire digital banking channels (online and mobile), the physical branch still plays a key role in the process. Our new Prosper Branch will break the traditional mold and allow our team to build deeper relationships with customers.”

As part of the Farmers slogan, “To Us, You’re Family,” the new location will also offer Coffee with HEART, free Starbucks coffee made fresh for customers when visiting the Bank.


About Farmers Bank & Trust: Founded in 1906, Farmers Bank & Trust is a community bank owned by the privately held holding company, Magnolia Banking Corporation, headquartered in Magnolia, Arkansas. Farmers Bank & Trust now has over 20 locations in Arkansas and Texas, and approximately $1.6 billion in assets. Farmers offers a full range of deposit services, trust and investment management services, as well as business, commercial real estate, construction, mortgage, residential and consumer loans. To learn more, visit their website at MyFarmers.Bank.

 About LEVEL5: Headquartered in Atlanta, with offices in Raleigh, Dallas and Salt Lake City, LEVEL5 is a complete design-build solution that works exclusively with financial institutions across the United States. For nearly two decades, LEVEL5 has assisted hundreds of financial institutions in the development and implementation of growth strategies through its unique service model that marries site selection (consulting and real estate) with design-build (design, construction, and innovation) to maximize results.