by - November 9, 2022 10:08 am
Fayetteville-chartered Arvest Bank, the state’s second-largest bank, has finalized the legal merger of a wholly-owned subsidiary. As of October, Arvest Central Mortgage Co. (CMC), a servicer of residential mortgages, began…
by - November 7, 2022 4:09 pm
Southern Bancorp announced Monday (Nov. 7) it is receiving $45 million in the latest round of New Markets Tax Credit (NMTC) funding. The money comes from the U.S. Treasury Department’s…
by - November 7, 2022 11:51 am
Cross County Bank has hired Whitney Eldridge as marketing director with oversight of the bank’s marketing program. She will ensure brand consistency and effectiveness through all advertising, internal and external…
by - November 6, 2022 3:35 pm
Banker Davy Carter has a unique position to offer insight on how the most recent 75-basis point interest rate hike from the Federal Reserve Bank is impacting the economy. As…
by - October 27, 2022 8:11 pm
The city of Jonesboro has grown accustomed to setting all-time sales and use tax collections records each year. In 2022, that record pace is now on an accelerated track. Northeast…
by - October 26, 2022 11:36 am
Fayetteville-chartered Arvest Bank said Wednesday (Oct. 26) that Cinthya Allen of Norman, Okla., is the company’s new chief diversity, equity, and inclusion (DEI) officer, effective Nov. 1. Allen will join…
by - October 25, 2022 7:50 am
Editor’s note: This story has been corrected for an error in comparison of third quarter financial information to year-ago figures. Simmons First National Corp. reported higher revenue and flat net…
by - October 20, 2022 6:45 pm
Despite revenue gains driven in part by real estate sales, Little Rock-based Bank OZK posted a third quarter net income decline and missed the consensus estimate. Earnings per share of…
by - October 20, 2022 8:45 am
Home BancShares, parent company of Centennial Bank, reported third quarter net income Thursday (Oct. 20) of $108.7 million, up from $75 million one year ago. The Conway-based banking entity showed…
by - October 16, 2022 10:23 am
Proposed legislation that Congress might approve late this year is expected to encourage people to save more for retirement amid concerns about outliving savings. It has bipartisan support, but it’s…
by - October 16, 2022 9:05 am
It’s been a turbulent year for many Americans, and the current market volatility probably isn’t giving many of us sweet dreams. Still, it will be vital that we stay the…
by - October 12, 2022 8:28 am
Armor Bank has hired Greg Gibson as the Forrest City market president. Gibson will lead the bank’s Forrest City team in serving the consumer, commercial and agricultural needs of the…
by - October 11, 2022 5:33 pm
Greenway Equipment Co. made the most significant residential and commercial property deal in Craighead County, from Aug. 15 through Sept. 15, according to the Craighead County Assessor’s Office. The company…
by - October 10, 2022 4:27 pm
New Federal Reserve rules will give retailers a choice between networks to process debit card transactions regardless of whether the purchase is made in-store or online. The National Retail Federation…
by - October 10, 2022 10:57 am
Despite inflation, supply chain issues, interest rate hikes, and higher fuel prices, consumers continue to spend record amounts of money in Jonesboro and Craighead County. The city collected $2.1 million…
by - October 9, 2022 9:49 am
The world’s first bikeable office building is nearing the finish line in downtown Bentonville. After two years of construction — and there is still work left to do — the…
by - October 3, 2022 10:39 am
Craig Shy, who has worked for Arvest Bank since September 2004, will take over Nov. 1 as the president and CEO of the company’s Fayetteville market. He is succeeding Donny…
by - October 2, 2022 10:37 am
Zipline, the California-based autonomous drone delivery company innovating in Northwest Arkansas, recently hired a Tesla veteran as its first chief business and financial officer. Deepak Ahuja starts the new job…
by - September 29, 2022 1:20 pm
Sandy Starnes, senior vice president and director of marketing, at Citizens Bank is a recipient of the inaugural ABA Emerging Leader Award with the American Bankers Association. This new award…
by - September 28, 2022 3:19 pm
A tech product patented by an Arkansas company is helping smaller community banks connect with each other to share the risks of larger loans. Little Rock-based BankLabs holds the patent…
