Evans named president of Arvest’s Benton County market

Chad Evans is the new president of Arvest Bank’s Benton County market, the bank announced Monday (July 15). He replaces Brad Crain, who was recently promoted to regional executive for enhanced banking services.

Evans has been with Arvest for more than 30 years and previously was president for the bank’s Joplin, Mo., market since 2015. Prior to that, he held several positions with the bank, including sales manager and regional director of community banks in Benton County.

“Raised in Bentonville, Chad has spent much of his professional career in the area, and we’re excited to have him back in Benton County,” Craig Rivaldo, regional executive for Arvest Bank, said in a statement. “His leadership skills, industry experience and knowledge of Northwest Arkansas will be instrumental as we continue to deliver innovative financial solutions to our customers in Benton County and beyond.”

Evans received a bachelor’s degree from Arkansas Tech University in Russellville and is a graduate of Southwest Graduate School of Banking.

Arvest is one of the state’s largest banks, with more than 830,000 retail and business customer households. It has more than 200 locations that are part of 14 locally managed banks in approximately 110 communities in Arkansas, Kansas, Missouri and Oklahoma.

According to the Federal Deposit Insurance Corp. (FDIC), as of March 31, 2024, the bank’s total assets were $26.3 billion, the third-largest among Arkansas banks, and its deposits totaled $23 billion.