by - May 18, 2021 1:12 pm
North Carolina-based banking company Bank of America, the nation’s second-largest bank, announced Tuesday (May 18) it will raise its U.S. minimum hourly wage to $25 by 2025. In March last…
by - May 17, 2021 6:33 pm
Additional help is available for Arkansas renters who have lost jobs or are struggling financially due to the pandemic. The Arkansas Department of Human Services launched the Arkansas Rent Relief…
by - May 15, 2021 11:28 am
Little Rock-based Dillard’s surprised most retail equity analysts with first fiscal quarter net income of $158.2 million, a wide swing from the $162 million loss in the same quarter of…
by - May 13, 2021 9:20 am
Pine Buff-based Simmons Bank has established a new organizational structure with the creation of two separate banking divisions — a community bank division and metro bank division. Freddie Black has…
by - May 11, 2021 4:01 pm
Huntsville-based Today’s Bank said Tuesday (May 11) that Miranda Gauthier is its new Springdale market president. The company operates one branch office in Springdale at 5178 W. Sunset Ave. Gauthier…
by - May 11, 2021 3:37 pm
Pine Bluff-based Simmons Bank has promoted Paul Lowe as the metro division president for Little Rock, Memphis and Nashville. “Paul experienced great success leading and growing the central Arkansas division…
by - May 11, 2021 12:27 pm
A newcomer to Arkansas’ banking market is introducing itself by awarding $100,000 to the state’s nonprofits. First Horizon Foundation, the private charitable foundation of Memphis, Tenn.-based bank holding company First…
by - May 7, 2021 9:01 am
Three Land LLC made the most significant residential and commercial property transfer in Craighead County, from March 15 through April 15, according to the Craighead County Assessor’s Office. The company…
by - May 6, 2021 10:04 am
Citizens Bank, headquartered in Batesville, has been recognized as the Bank of the Year in category two by the Arkansas District Office of the Small Business Administration. The bank also…
by - May 5, 2021 9:32 pm
Arkansas Attorney General Leslie Rutledge announced Wednesday (May 5) a $2.6 million judgment against Real Travel, LLC, and the company’s founder Brian Scroggs. Real Travel, the now-defunct Bentonville-based company, through…
by - May 5, 2021 3:41 pm
FNBC, based in Sharp County since 1912, opened a major Jonesboro facility on Wednesday (May 5). The 5,800 square-foot building at the intersection of Race Street and Fair Park Boulevard…
by - May 5, 2021 3:33 pm
Kevin Orr has been hired as senior vice president trust manager of Centennial Bank according to Davy Carter, Regional President of Centennial Bank. Orr has over 23 years of experience…
by - May 5, 2021 10:56 am
Paragould-based First National Bank will expand into the Nashville, Tennessee market after signing a definitive agreement to acquire Citizens Bank. Citizens Bank is based in Hartsville, Tennessee and operates three locations…
by - May 4, 2021 3:51 pm
The Federal Reserve Bank has selected Fayetteville-chartered Arvest Bank to participate in a pilot program for a new real-time payments system. FedNow is a new instant payment service that will…
by - May 1, 2021 10:04 am
Michigan-based United Federal Credit Union opened its third Northwest Arkansas location April 5. The branch office at 1910 S. Thompson St. in Springdale was obtained as part of a transition…
by - April 28, 2021 9:03 am
Springdale-based Legacy National Bank and its subsidiary, Bank of Gravette, are scheduled to integrate business operations in early May. The two banks have operated separately and independently of each other…
by - April 28, 2021 8:17 am
BSR Real Estate Investment Trust said it has sold the 360-unit Mountain Ranch Apartments in Fayetteville, its lone remaining property in the region. The sale price was $49.5 million. Little…
by - April 27, 2021 10:44 am
April is National Financial Capability Month, a time to encourage people to take action to improve their financial futures. According to a recent Bank of America survey, 43% of Americans…
by - April 27, 2021 10:00 am
The commercial real estate market in Northwest Arkansas remained “strong, balanced and healthy” amid a flat vacancy rate in 2020, according to a new real estate report. The overall vacancy…
by - April 26, 2021 11:51 am
The COVID-19 pandemic accelerated the shift in customer banking preferences and increased digital banking offerings, bank executives said. Meanwhile, U.S. banks closed a record number of branches in 2020. Still,…
