Sunflower Bank moves to Occidental Management cooler
Sunflower Bank regional chairman Mark Stauffer wanted to strengthen the bank’s presence in Wichita, and he believes he found a way to do so by moving into the cooler.
This is the 1901 Occidental Management building at 155 and 165 S. Rock Island between Union Station and the Cargill Building.
The 27,000 square foot building, which Occidental expanded by an additional 12,000 square feet, was recently used for storage. It started out as a material warehouse, then in 1909 it also began to store ice.
Stauffer said the historic nature of the cooler matches the bank, which began in Salina in 1892, with a nod to its history.
Additionally, Stauffer said: “It reflects who we are today with the more modernized look of this building.”
He said the move, which will take place in July, also reflects the bank’s growth in the market.
“It’s a really, really exciting thing for us.
The bank, which is also in New Mexico, Colorado, Texas, Missouri and Arizona, has $ 5 billion in assets.
It merged with Colorado-based Strategic Growth Bank in 2017 and moved its headquarters to Denver, although the majority of its operational team are still located in Salina and Overland Park.
The main branch of Sunflower Bank in Wichita is located at 201 N. Main St. The commercial part of the branch is closing this week. Customers will need to use branches in Northeast and Southeast Wichita for traditional outlets.
Stauffer said with an improved online platform during the pandemic: “People have gotten used to banking online more than going into our banks. . . so we saw a lot less traffic like a lot of banks in the market.
The main branch focused on commerce, and it was this division that moved to the cooler. It will remain open on Main Street until the move.
Next to the commercial bank there will be wealth management services, including private banking by appointment.
In 2020, Sunflower Bank had the largest SBA 7 (a) loan amount in the Kansas District. He was second in the El Paso District, fourth in the Arizona District, and ninth in the Colorado District.
The bank takes just over 4,000 square feet of the Icehouse.
There are approximately 6,000 square feet left for rent on the first floor and approximately 4,500 square feet on the second floor.
Alloy Architecture, who redesigned the building, occupies part of the space on the second floor.
Western President Chad Stafford said the company plans to occupy the third floor for its new headquarters, but is open to someone else taking it if anyone is interested.
Stafford, who managed the Sunflower deal, said the move would help the bank reposition itself in the market.
He said companies trying to attract and retain employees are looking for the best work environments.
However, Stafford said that “without question” the pandemic has affected the rental at the Icehouse as it has done in most other buildings in Wichita and elsewhere.
“I think I’m talking. . . for any owner in this town who had business going in one form or another.
He said things are brewing again and there is light at the end of the pandemic tunnel.
Although he feels positive, Stafford said: “Let us pray that it is not a train”