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The Arkansas Bankers Association (ABA) installed Rogers bank executive Jon Harrell as the organization’s 2020-21 chairman. The one-year term began in April. Harrell is the chairman and CEO of Generations…
by - June 2, 2020 5:20 pm
Folks have less than 30 days if they want a business appointment with Citizens Bank & Trust Co. President and CEO Keith Hefner. He’s leaving the bank June 30 after…
by - June 2, 2020 11:35 am
Little Rock-based independent insurance agency Sunstar Insurance of Arkansas announced the acquisition Tuesday (June 2) of longtime Springdale independent Farris Insurance Agency. The deal adds 25 employees to Sunstar, doubling the company’s size…
by - May 29, 2020 11:51 am
Sterling Bank, a $1.25 billion-asset lender headquartered in Poplar Bluff, Mo., is entering the Northwest Arkansas market with a loan production office in Fayetteville. The company, a wholly owned subsidiary…
by - May 28, 2020 12:43 pm
Tuesday Morning, focused on off-price home goods, has filed Chapter 11 bankruptcy with plans to permanently close about 230 of its 687 stores. The retailer cites the prolonged closure of its…
by - May 27, 2020 2:43 pm
One of the leading indicators of a potential economic collapse is a drop in sales tax receipts at the city and county levels. For the time being, there hasn’t been…
by - May 21, 2020 1:06 pm
Economics Arkansas on Wednesday (May 20) voted to appoint eight new board members and confirm its new board chair. The new members and chair will begin their appointments June 1,…
by - May 20, 2020 4:03 pm
Two months after the creation of its COVID-19 Relief Fund to assist in pandemic relief, Arkansas Community Foundation (ACF) has awarded $1,000 rapid response mini-grants to 678 organizations in 149…
by - May 19, 2020 3:10 pm
A new real estate fund led by four notable business leaders in Northwest Arkansas has closed its first acquisition for $32.32 million. OZRE Capital is the new owner of a…
by - May 19, 2020 2:06 pm
Arkansas Attorney General Leslie Rutledge announced Tuesday (May 19) a settlement with Santander Consumer USA Inc.that includes approximately $550 million in relief for consumers with more relief in additional deficiency…
by - May 15, 2020 11:01 am
Oklahoma-based lender Grand Savings Bank, which operates nine of its 12 branches in Arkansas, is planning to relocate its lone Fayetteville branch to a larger building. The company’s office at…
by - May 14, 2020 10:42 am
Eric Munson was named as the new commissioner of the Arkansas Securities Department, a division of the Department of Commerce. He will replace Edmond Waters, who served as commissioner since…
by - May 13, 2020 4:56 pm
Bayird Properties LLC made the most significant residential and commercial property transfer in Craighead County March 15 through April 15, according to the Craighead County Assessor’s Office. Bayird spent $4.18…
by - May 12, 2020 5:39 pm
COVID-19 has shuttered many festivals and annual celebrations around the state including the Arkansas Folk Festival in Mountain View. There’s a group trying to put together a concert in its…
by - May 10, 2020 6:46 pm
Walmart U.S. eCommerce CEO Marc Lore continues to sell his Walmart stock holdings. On May 7, Lore liquidated another 85,000 shares of his personal Walmart shares for a total of…
by - May 8, 2020 10:31 am
One day after the company chairman and founder announced his departure, Little Rock commercial real estate firm Flake & Kelley Commercial has rebranded to Kelley Commercial Partners. John Flake, who…
by - May 7, 2020 4:34 pm
One of the leading indicators of economic health – consumer spending – took a historic hit as the COVID-19 pandemic began to unfold in March. In the 61 years since…
by - May 6, 2020 7:04 pm
White River Bancshares Co., the holding company of Fayetteville-based Signature Bank of Arkansas, reported Wednesday (May 6) that first quarter net income was $742,500, down from $1.17 million during the…
by - May 5, 2020 5:27 pm
Elizabeth Smiley Glasbrenner and Quinn Grovey have been named to the board of directors for Encore Bank, which is also moving its corporate headquarters to a larger space in Little…
by - May 3, 2020 3:00 pm
In less than two weeks, small-business owners claimed all $349 billion allocated to the Paycheck Protection Program (PPP). The PPP officially opened on April 3 and by April 16, the…
