Independent Financial to Construct New $5M Bank Building in Waco

Independent Financial has announced plans to construct a new bank building in Waco, TX. The new facility, located at 301 South Valley Mills Drive in McLennan County, is set to begin construction on August 1, 2023, and is expected to be completed by December 31, 2024. The estimated cost for the new construction is $5 million.

The 5,000 square-foot bank building will include offices, a drive-through teller, and an ATM. Independent Financial is a relationship-driven financial services company headquartered in McKinney, TX, which provides a wide range of banking products and services tailored to meet the needs of businesses, professionals, and individuals.

Independent Financial operates in four regions, including the Dallas/Ft. Worth Metroplex, Central Texas, and Greater Houston regions in Texas, and the Colorado Front Range region. The addition of this new bank building in Waco will expand the financial services offered in the region, providing customers with convenient access to banking products and services.

As a subsidiary of Independent Bank Group, Inc., Independent Financial is a member of the Federal Deposit Insurance Corporation (FDIC) and is traded on NASDAQ under the symbol IBTX. For more information about Independent Financial, visit

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