by - December 28, 2020 2:36 pm
Modeling 2021 economic conditions may be akin to trying to hit a satellite with a BB gun. The virus is expected to rage well into the year, even with vaccines….
by - December 28, 2020 11:01 am
The Federal Reserve Bank of St. Louis has announced the following changes to its Little Rock Branch board of directors, effective Jan. 1: Jamie J. Henry, vice president of finance,…
by - December 23, 2020 11:02 am
Thomas “Gary” Hudson will retire as CEO of Farmers and Merchants Bank and The Bank of Fayetteville on Dec. 31, 2020, after leading the bank for the past 11 years,…
by - December 21, 2020 12:46 pm
Editor’s Note: The following story appeared in the Dec. 7 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - December 16, 2020 1:42 pm
Southern Bancorp Community Partners (SBCP) and Community Development Financial Institution (CDFI) announced Tuesday (Dec. 15) it has received a $2 million gift from philanthropist MacKenzie Scott. Southern Bancorp serves economically…
by - December 15, 2020 11:09 am
Brent Seay, a certified public accountant (CPA), recently established the accounting company The Seay Firm CPAs PLLC after relocating to Northwest Arkansas from Canada. The firm initially will operate virtually…
by - December 14, 2020 3:54 pm
Danville-based Chambers Bank announced Monday (Dec. 14) four promotions on the bank’s executive leadership team. Philip Alexander (Danville) has been promoted to chief risk officer. Alexander has been a member…
by - December 14, 2020 3:30 pm
Village at BC LLC closed a $3.25 million purchase on Dec. 1 on a 60-acre land tract near the intersection of Col. Glenn Road and Interstate 430 in west Little…
by - December 13, 2020 2:44 pm
Nomads Pit Stop Inc. made the most significant residential and commercial property transfer in Craighead County Oct. 15 through Nov. 15, according to the Craighead County Assessor’s Office. The company…
by - December 13, 2020 12:03 pm
The new five-story west Little Rock headquarters of Bank OZK is a magnificent addition of modern architecture for Arkansas. However, it houses more than deposits and loans – it’s the…
by - December 12, 2020 6:33 am
Little Rock-based BSR Real Estate Investment Trust announced Thursday (Dec. 9) it sold West End Lodge located in Beaumont, Texas, built in 2010 and comprising of 360 apartment units, for…
by - December 9, 2020 4:45 pm
Consumer spending crept upward again in October but personal income fell due to the decline of government payments, according to the monthly update issued by the Bureau of Economic Analysis….
by - December 8, 2020 12:42 pm
The Arkansas Securities Department, in coordination with state and federal government partners, closed a multi-year investigation of Nationstar Mortgage LLC, d/b/a Mr. Cooper, one of the largest mortgage servicers in…
by - December 7, 2020 12:52 pm
The 5,033 FDIC-insured U.S. commercial banks and savings institutions reported a cumulative net income of $51.2 billion in the third quarter, ending Sept. 30. While net income was down 10.7%…
by - December 6, 2020 9:36 am
Bloomberg Businessweek has named Southern Bancorp CEO Darrin Williams to the 2020 Bloomberg 50, its annual list of innovators, entrepreneurs, and leaders who have changed the global business landscape over…
by - December 3, 2020 1:32 pm
BSR Real Estate Investment Trust announced Wednesday (Dec. 2) that it has sold five “noncore properties,” comprising 890 apartment units, as part of the REIT’s portfolio enhancement growth strategy and…
by - December 2, 2020 11:53 am
Missouri-based Sterling Bank, a $1.27 billion-asset lender headquartered in Poplar Bluff, closed a real estate deal in October to begin the development of a full-service branch in Northwest Arkansas. The…
by - December 1, 2020 3:16 pm
Springdale-based commercial real estate company Mathias Properties Inc. recently expanded with Mathias Real Estate, a full-service real estate brokerage. Mathias Real Estate joins other Mathias Properties subsidiaries: MP Construction, Mathias…
by - December 1, 2020 8:49 am
Citizens Equity First Credit Union (CEFCU) of Illinois and Pine Bluff-based Simmons Bank have entered into an agreement for CEFCU to purchase four Simmons Bank branches located in the Metro…
by - November 29, 2020 9:49 am
Little Rock-based Encore Bank has broadened its footprint during the pandemic, and by all counts, is looking to grow further and faster. Bank president Burt Hicks, who also serves as…
