Tag: Banking & Finance

Banks Share $2.47B River Valley Market

Of the 13 private and public banking institutions operating in Crawford and Sebastian counties, 76 percent of the deposit market share is held by five banks.

Maloney, Arvest Win ABA Awards

Maloney Marketing Group of Cave Springs recently won three first-place awards from the Arkansas Chapter of the American Bankers Association Marketing Network.

George Rumored To Begin Bank

We hear Gary George, CEO of George?s Inc. in Springdale, and a group of local investors are forming a new bank.

Bank of America Plans Bankcard Processor Buyout

Financial conglomerate Bank of America Corp. on July 13 announced it plans to buy bankcard clearer National Processing Inc. for $1.4 billion in cash.

Great Southern Reports 2Q Earnings Growth

Great Southern Bancorp Inc. says its preliminary earnings for the second quarter, were $6.69 million, or 48 cents per a diluted share, up 15 percent from $5.81 million or 42 cents a diluted share for the same period in 2003.

CSA Calls VIPs To Vendorville

Cameron Smith runs the world’s largest executive search firm specializing in vendors to Wal-Mart Stores Inc. of Bentonville.

Take a Real Summer Vacation: Sever the High-tech Tethers

Not taking a vacation or checking with the office while on vacation can lead to stress, illness and job burnout.

Retention Rates Reduce Taxes

Employee retention is a great way to reduce annual taxes on a business.

Company Team-building Efforts Can Be Productive

Team-building is essential for a healthy company, but things like forced sumo wrestling might be carrying it a bit too far.

Kaffka Joins Barber Group

Seth Kaffka, a former loan officer at Community Bank of North Arkansas, just joined forces with Brandon Barber to become president of The Barber Group.

Securities Commission Gets Info From Business Journal

Securities Commission calls Business Journal after reading about Valentin Guaranteed Home Mortgage, which the commission discovered was under the umbrella of Guaranteed Home Mortgage of New York.

L.A.’s Richest Not as Rich as Northwest Arkansas’

A recent Los Angeles Business Journal feature on its wealthiest citizens made us think ? there’s probably still more money in Northwest Arkansas than Beverly Hills.

Hoffbrau Closes, Files Chapter 11

Hoffbrau Steaks closed on June 20 for renovation and reorganization, said Margaret Charboneau, the manager.

Cannon Express? Bankruptcy Dismissed

The bankruptcy of Cannon Express Inc. was dismissed on June 8 by the Western District of Arkansas? U.S. Bankruptcy Court.

Breakout Bankers Beam Over Market?s Potential

Three accomplished executives left prominent, secure positions to start three separate banks from scratch in the already super-served Northwest Arkansas market.

Plaza Not Too Posh

Developer says Bentonville Plaza offers vendors easy access to the Wal-Mart Stores Inc. home office, not posh digs.

Parties Compare Well With Look at Returns (Kerry L. Watkins Commentary)

GOP Gets traditional market nod, but ‘timing’ is risky.

Lindsey Gets Green In Rogers (Real Deals)

Lindsey Construction Co. of Springdale recently bought 20 building permits valued at a combined $4.2 million to build The Greens at Blossom Way apartment complex in Rogers.

Pinnacle Bank Goes Creekside

A spokesperson says the first building at Creekside Place will be the Pinnacle Bank Building.

Bank of Arkansas Finances $56M

The Arkansas Development Finance Authority (ADFA) fund manager selected the Bank of Arkansas to provide financing of $56 million to help capitalize the new $70 million Arkansas Institutional Fund.

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