McKinney-based Independent Financial opened a new permanent Denison financial center in early January, replacing the former location that was among the buildings destroyed two years ago by the fire in historic downtown Denison. The new financial center is located at 900 S. U.S. Highway 75, just minutes from downtown. The branch opened on January 10, with a grand opening event set for February 4.
The devastating downtown fire, originating from a neighboring business, occurred in October 2019. The blaze destroyed several adjoining downtown buildings, including the Independent Financial branch on Main St. By January 2020, Independent Financial had established a semi-permanent, fully functional banking center behind the original building. Last month, Denison city leaders unveiled a new sculpture memorializing the event and redevelopment efforts. The art is named “Flight” and carries the theme of the metaphorical phoenix that rises from the ashes. The metal sculpture uses pieces of the former buildings destroyed in the fire.
“Although we were able to resume operations in a temporary structure, this new facility will enable us to offer a new permanent financial center and provide customers with convenient access to a modern facility for both in-branch or drive-through transactions,” says Scott Bandemir, regional president.
Established in 1913, Independent Financial operates 90 locations in four regions: the Dallas/Fort Worth metroplex, Central Texas and Greater Houston regions in Texas, as well as the Colorado Front Range region.