Tag: Banking & Finance

State’s Reserve Second Highest in Eighth District

Arkansas banks had the second highest reserve fund any state in the U.S. Federal Reserve Bank’s Eighth District during the first quarter of 2008.

ANB Shareholders Hard Hit by Bank’s Closure

Multiple ANB shareholders are out millions of dollars from the bank’s closure.

ANB Investor Troubled by OCC’s Actions

An ANB investor believes OCC planned ANB’s shut-down for months.

Home BancShares Brags About Stability

Home BancShares Inc. of Conway promotes its stability.

Commercial Refinancing Market Tough Despite Rate Cuts

Despite interest rate cuts, refinancing commercial loans remains dependent on cash flow.

Eureka Springs Bank Looks to Expansions

The 96-year-old Bank of Eureka Springs will change its name to Cornerstone Bank this fall, pending approval from the Arkansas State Bank Department.

Feds Rush In (Editorial)

In closing ANB Financial, the Office of the Comptroller of the Currency said the bank, with $2.1 billion in total assets, was undercapitalized and that its “unsafe and unsound practices also weakened the bank’s condition and seriously prejudiced the inter

Senate Proposal Could Add Costs For Small Business Owners

A proposal before Congress could raise the cost of doing business with credit and debit card issuers.

Haynes Counters Lawsuit Charges

was an investor in Rogers-based Vision Technologies Inc. and a plaintiff in a 19-count lawsuit that was filed against VTI and company CEO Lee Thompson for actions so salacious that the case documents were eventually sealed.

Bank of Arkansas Sues Benton County Builder

On May 1, Bank of Arkansas NA filed three lawsuits again Christopher Trudo, owner of Christopher?s Custom Homes in Benton County Circuit Court.

Effective Leadership Defined By Relationships, Not Tasks (Human Factor by I. Barry Goldberg)

Leadership, in the lexicon of members of the media, is about relationship, the ability to inspire others to follow a vision with passion. Management gets relegated to telling people what to do and checking up on them to see if they did it.

Northwest Arkansas Job Market Enters Uncharted Waters

Northwest Arkansas has shed 500 jobs in the last 16 months, but a strong business core and the drive toward sustainability can help the local economy rebound.

ANB Fails, Pulaski Bank Acquires Assets

The economic impact of the failure of ANB Financial NA of Bentonville on May 9 may soar to $300 million, but it will probably take years for the dust tornsettle.

Terminella Calls MNB Board ?Inbred?

The fight over who gets deposed and when ? and the strongly worded motions filed on both sides ? has provided plenty of fodder, and an April 21 response by Tom Terminella?s attorneys was no different.

Despite Credit Availability, Economic Pessimism Persists (Bottom Line by Robert Bell)

With concerns about recession mounting, many small business owners might wonder if or to what extent the Wall Street woes might cause Main Street migraines, and whether that would limit their access to credit.

Lenders Watch Waddle Bankruptcy

Two former partners in Land Ventures LLC have filed for Chapter 7 bankruptcy protection and some lenders are worried it could set a bad precedent.

Intangibles Qualities Can Contribute to Successes ( Commentary)

Many successful people have assembled a strong portfolio of ?intangibles? ? critical qualities that have helped them be successful, such as intuitiveness about other people or self-awareness that allows them to read and react to situations.

Sweep Accounts Simplify Separated Bookkeeping (Bottom Line)

Sweep accounts can make balancing all of the books easier for small business owners who operate several locations.

Arvest, Intrust Tackle Foreign Market Banking

Arvest Bank Group Inc. and Intrust Bank, of Wichita, Kan., are offering international banking services for clients.

AMG ‘Works Out? Banks’ Nonperforming Property

New Asset Service Group is helping area banks find solutions to real estate and loan portfolio troubles.

Ember & Root owner seeks to spark student curiosity

SurfTec releases bike chain lubricants that ‘revolutionizes’ the market

Fuego Tortilla Grill to open in Fayetteville

Oaklawn Foundation grant to fund Northwoods Trails expansion, open 2 lakes to more activity