| New banking facility opening soon in Hugo |
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| Thursday, 17 February 2011 18:38 | |||
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HUGO — Dirt was turned in Hugo last week to officially mark the beginning of a new banking facility. Owners and staff members of FirstBank were joined by family members and a number of community leaders as the new venture was officially launched. The location of the new bank will be on one of the communities legendary properties, known since statehood as the “Leard property.” The property was owned by Wheeler and Katherine Leard and later by their son Terry, who mapped out and planted the numerous pecan trees on the site a half-century ago. Several owners and officers of the BancFirst family were present Friday for the groundbreaking, including board chairman Steve Burrage, CEO, David Burrage, and Roberta Burage, who serves on the firm’s board of directors. Also present were representatives of Hydco, Inc., the general contractor responsible for building the $3 million dollar structure. Hydco has completed more than 165 similar financial projects. CEO David Burrage commented, “We are looking forward to bringing FirstBank to the City of Hugo. This will be a first-class banking center allowing convenient access to numerous services for consumers and businesses in the area.” Burrage said the new facility would be completed in the first quarter of 2012, and that a temporary banking facility would be erected on the site in a few months.
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