D.L. Evans Bank’s eastward expansion reaches Rexburg

Burley-based D.L. Evans Bank will open its easternmost store yet in October in a former Radio Shack space in Rexburg.

The Rexburg branch on Valley River Drive will be the sixth D.L. Evans branch in eastern Idaho.

Though it has been based in the Magic Valley since 1904, D.L. Evans Bank didn’t arrive in eastern Idaho until opening two Pocatello branches in 2004 and 2006. The Idaho Falls branch followed in 2006, Ammon in 2014 and Rigby in December 2016.

Rexburg will be the 30th branch for D.L. Evans, the largest Idaho-based community bank, with total assets in excess of $1.4 billion. All the growth has come since 1979, when D.L. Evans had a single office in Albion.

The bank first arrived in Boise in 2000 and now has Treasure Valley branches in Meridian, Nampa, Caldwell, Eagle and Fruitland.

But President and CEO John V. Evans Jr. has his eye on eastern Idaho. He expects the bank will build additional branches in Blackfoot and possibly create smaller branches in smaller eastern communities.

“That’s our plan, to continue expanding in eastern Idaho,” Evans told the Idaho Business Review in 2016.

D.L. Evans is also building a new branch in Hailey that will open in late November or early December,  said Zehireta Avdic, marketing director at D.L. Evans.