Cape Girardeau based Alliance Bank will build a new bank branch at Jackson, Missouri. Tom Kelsey, commercial broker with Lorimont Place, Ltd. who is handling the real estate transaction verified the bank is purchasing 2.65 acres of property at 2320 E. Jackson Blvd from the Kasten and Manes family trusts. The new bank site is located next door to Ross Furniture. Kelsey said the high traffic and visibility site will be the community bank's fourth location in the region. Other banks are in Cape Girardeau, Sikeston and Oran, Missouri. Alliance announced that Wade "Pee Wee" Bartels will be the community bank president in Jackson. Other staff relocating to the branch will be Amy Thomas as mortgage loan originator and Molly Davidson will serve as new accounts representative and teller.

The bank will set up a modular banking structure on the site until the permanent building is completed. The bank opened in 1997 and now has approximately 100 shareholders, most all from the Southeast Missouri area. All their facilities, including the new Jackson branch are full-service and able to accommodate all consumer and business financial service needs. Kelsey said 3.3 acres of additional property to the south is available and his firm will continue to market that to businesses looking for a prime Jackson location.