Tag: Banking & Finance

Fayetteville Taking Bids For Investment Management Services

The City of Fayetteville has whittled down the list of bidders for investment management services to four and may have picked a winner.

Signature Bank Devloping New Division

New division to manage money and trust services for the bank’s trust customers.

Beall Barclay & Co. Tops Accounting Firms

Beall Barclay & Co. tops the list of the region’s top accounting firms.

Baby Boomers Face Retirement (Larry Root Commentary)

While baby boomers have enjoyed a generally improved quality of life over the past decade, nearly one-third of them have virtually nothing saved for retirement and face a shaky retirement picture.

State’s Reserve Second in Region

In the first quarter of 2006, Arkansas banks collectively had a loan-loss-reserve ratio of 1.44 percent, down from 1.53 percent for the same period in 2005.

FDIC Reports Show Steady First Quarter

The Federal Deposit Insurance Corp. published its quarterly edition of state profiles, a summary of state-by-state banking and economic trends, on July 6.

AVF Organizers Seek Companies

About 20 entrepreneurs, investors and economic development leaders gather at the University of Arkansas’ Innovation Center in Fayetteville to discuss an action plan for the upcoming Arkansas Venture Forum on July 6.

Future Economy Relies on Education (Market Forecast)

The best answers to economic development are in making critical investments in ourselves. The state needs to simultaneously create better jobs and better workers.

House Bill Would Close Wal-Mart Bank Loophole

A bipartisan bill aimed at closing a loophole that allows retailers such as Wal-Mart Stores Inc. to own industrial loan companies is introduced in the U.S. House of Representatives.

First Arkansas Valley Makes River Valley Move

First Arkansas Valley Bank of Russellville applies with the Arkansas State Bank Department to open a location in Van Buren.

The Regions’ Largest Employers

Wal-Mart Stores Inc. of Bentonville tops the Northwest Arkansas Business Journal’s annual list of the region’s largest employers.

ANB Financial Purchases Two United Bank Mortgage Offices

ANB Financial N.A.’s purchase of two mortgage processing offices from United Bank of Springdale could add at least 20 percent to ANB’s mortgage business.

Arkansas’ 1Q ROA Fourth in District

In the first quarter of 2006, Arkansas banks collectively had a return on their average assets (ROA) of 1.14 percent, ranking as No. 4 of the seven states in the U.S. Federal Reserve Bank’s Eighth District.

Wal-Mart Plans Co-Branded Credit Cards in China

Wal-Mart Stores Inc. is advancing plans to launch its own credit card in China in a partnership with GE Money and Shenzhen Development Bank.

FOIA Doesn’t Show Broyles Board Status

A Freedom of Information request made to the University of Arkansas for a comprehensive list of university personnel who serve as a board member to any financial institution didn’t show Frank Broyles, who we knew serves as a board member for Priority Bank

Valley View Opens Office in Springdale

Valley Bank of Moline, Ill., opens a loan production office in Springdale in late April, and has already made the charts.

Arvest to Relocate a Fayetteville Branch

Arvest Bank-Fayetteville has plans to juggle one of its branches. The bank’s location at 1164 E. Joyce Blvd. will move across the street and east about a quarter of a mile into a yet-to-be-built 8,000-SF Arvest prototype.

OK Industries Tops Region’s Private Companies List

OK Industries of Fort Smith tops the Northwest Arkansas Business Journal’s annual list of the region’s largest private companies, with revenue of about $900 million in 2005.

Pinnacle Bank Wants to Move Main Office to Rogers

Start-up Pinnacle Bank has filed an application with the Arkansas State Bank Department to relocate its main office, and charter, from Bentonville to Rogers.

MNB Opens First Northwest Office

One year and one week after officials made a grand announcement about an intended $30 million investment and a 12-branch entry into the Northwest Arkansas market, Little Rock?based Metropolitan National Bank held a soft opening of its first permanent offi

Officials ask public to be on the lookout for bird flu in flocks

Arkansas Department of Agriculture proposed regulatory changes to feral hog bait

Tyson Foods’ boss sees a more than 50% pay raise in fiscal 2025

UAFS nearing ‘Intrepid’ campaign goal of $85 million