Tag: Banking & Finance

Area Banks Brace For Check 21 Act

The national Check 21 Act, which goes into effect on Thursday, aims to move items through check clearing systems faster, making the future of check clearing look promising.

Moore, Reed Step Up as Arkansas BOA Top Execs

Wilson Moore and Royce Reed fill the shoes of BOA execs who left to startup Legacy National Bank.

First Security Bank To Open Commercial Customer Branch

First Security Bank has come up with a novel idea to stay competitive in the super-served Northwest Arkansas banking market.

Bank of Fayetteville Helps Tech Task Force

The Bank of Fayetteville N.A. is helping out Fayetteville?s Technology and Telecommunications Infrastructure Task Force by applying for a Technology Transfer Assistance Grant.

RICO Violation Alleged in Federal Suit

Little Rock lawyer Allen W. Bird II has already been ordered to repay $200,000 he allegedly bilked from a Fayetteville bankruptcy estate, but now the plaintiff is suing for $6 million in damages.

Portfolio Management Class Graduates Bullish Students

Craig Rennie, an assistant professor of finance at the University of Arkansas, is big on encouraging pupils to pursue the CFA designation.

Lynch Leaves Chambers for Liberty Bank

Doug Lynch is named president of the Fayetteville/Springdale market for Siloam Springs-chartered Liberty Bank of Arkansas.

George Creates Legacy

Gary George and investors finally unveil plans for the Springdale-based Legacy National Bank.

Hook, Line and Thinker

Don Tyson’s billfishing passion has spawned creativity and conservation.

Mckiever, Jacoway Face Court

Two female lawyers from Fayetteville are expected to get their day in front of the U.S. Supreme Court this December.

Next Generation Files Suit Against Bio Based

Next Generation Financial Services LLC of Joplin, Mo., filed a $4.4 million breach-of-contract suit Sept. 10 against Bio Based Chemicals LLC of Rogers for allegedly failing to make a loan payment.

Simmons First Buys South Walton Land

Rogers-based Simmons First Bank of Northwest Arkansas recently closed a deal on a piece of land on South Walton Boulevard in Bentonville?s Regency Park office complex that will soon become its eleventh location in the area.

Firms Pondering IPOs Must be Wary of SOX

Companies that aren?t even publicly traded yet are paying dearly for accounting reform.

Banks, Builders Move To Standardize Branches

Arvest and others are building many new offices in Northwest Arkansas and are building them based on standardized plans.

Russellville Bancshares Gets Approval for Arkansas State Bancshares Buy

Liberty Bancshares of Jonesboro and Russellville Bancshares of Russellville recently received regulatory approval to purchase Arkansas State Bancshares, which operates the $170 million Arkansas State Bank of Siloam Springs.

Financial A-Listers Attend UA-Texas Game

A couple of financial industry A-listers were in Fayetteville for the Razorbacks game against Texas on Sept. 11.

Dotson Joins George’s New Bank

We understand Danny Dotson has joined Don Gibson and Patrick Swope in Gary George et al?s yet-to-be named banking venture.

Regions Plans ATM Network

Regions Bank is working on creating an automatic teller network in Washington County with six new ATMs in the planning stage.

Arkansas Housing Starts Lag Seven-state Region

In the first quarter of 2004, Arkansas fell 4.1 percent behind the U.S. average in percent change in housing permits. Arkansas showed 9.5 percent change for the quarter.

Expo Entices Decision Makers

About 4,000 people attended the ninth annual Northwest Arkansas Business Expo on Aug. 31 and Sept. 1 in Springdale.

Arkansas to lead National Advanced Manufacturing Apprenticeship expansion

The Supply Side: Boomer generation concedes spending power to young consumers

2nd cohort of new lithium accelerator shows innovations in Bentonville

Weekly wages up 4.2% in Arkansas, Benton County leads with 13.4% wage gain