Money Talk: Arvest Mortgage Names Steven Plaisance CEO
by February 16, 2015 7:52 am 204 views
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ARVEST MORTGAGE NAMES STEVEN PLAISANCE CEO
Steven Plaisance has taken over the role of CEO for Arvest Mortgage Co. and Central Mortgage Co., a wholly owned subsidiary of Arvest Bank, according to the Bentonville-based financial institution.
Plaisance became president and chief operating officer for Arvest Mortgage Co. and Central Mortgage Company in March 2012, and will retain the role of president in addition to his new title. He will report to Arvest Bank chief operating officer Phil Porter.
Plaisance began his career with Arvest as a part-time teller in Rogers in 1989 and has been with the mortgage company since 1991. He currently resides in Tulsa, Okla.
GOV. HUTCHINSON NAMES EDMOND WATERS TO SECURITIES POST
Last week, Gov. Asa Hutchinson announced Edmond Waters as Commissioner of the Arkansas Securities Department.
Waters is a former vice president of A.G. Edwards & Sons where he worked for 21 years as a branch manager and financial advisor in the Ft. Walton Beach, Florida and Destin, Florida branches. Prior to that, he was self-employed in his native Helena-West Helena, Arkansas.
WAL-MART, FOMC MINUTES BIGGEST NEWS FOR THE WEEK
Last week was a light one for economic reports and a handful of earnings reports rolled out as the earnings season winds down for the most part this week. For the week ended February 13, 2015, the S&P 500 Index rose 2% to 2,097. The yield of the 10-year U.S. Treasury note rose 7 basis points to 2.02%.
The big news this coming week will center on several big earnings reports, including Wal-Mart and other retailers. Also by midweek, the Federal Reserve’s Open Market Committee (FOMC) releases its minutes, which will shed light on federal policymakers’ attitudes on future economic direction.
The financial markets will be closed on Monday for Presidents Day.