Community Trust Bank is moving downtown.
The bank announced Wednesday it will move into The Tower at Fifth and Throckmorton streets in downtown Fort Worth, taking 3,000 square feet on the first floor for a retail banking location and an additional 5,000 square feet on the third floor for commercial banking and executive office space.
The space was previously occupied by Texas Capital Bank, which moved into the Two City Place tower.
“We are excited about this move as Community Trust Bank continues to grow in the state of Texas and throughout our other markets in Louisiana and Mississippi,” said Grant James, Fort Worth regional president for the Ruston, La.-based bank. “We have outgrown our Seventh and University space and look forward to expanding our operation to The Tower.”
James said the bank will continue to seek a developer that will share its vision of building a multi-story, multi-tenant office building at Seventh Street and Summit Avenue on the west side of downtown. James said the bank plans to begin construction on the new location at The Tower immediately and expects to be open for business by late November.
Community Trust has continued to expand in North Texas with two offices in Dallas and branches in Allen, Frisco, Plano and Las Colinas.
Community Trust is a wholly owned subsidiary of Community Trust Financial Corp., a financial holding company with over $3.4 billion in assets.