Tag: Banking & Finance

Walmart CFO Charles Holley Announces Retirement

The company has appointed Brett Biggs its new CFO, effective Dec. 31.

Credit Union to Break Ground On New Facility October 6

The UARK Federal Credit Union is building a $2 million building at 50 E. Van Asche Drive in Fayetteville.

Skyline Report: Building Permits Up, Values Down

Arvest Bank loan manager says people are opting for smaller homes, with the amenities of larger ones.

Vaden Wears Many Hats at EY

As managing partner at Ernst & Young LLP in Rogers, David Vaden oversees 35 employees who work with clients across all of the firms four major service lines: audit, tax, advisory services and transaction services.

Repair Regs Mean Quick Cash For Some, a Hassle For Others

New tangible asset regulations can bring higher deductions, but also more paperwork.

Benefits of Equipment Leasing vs. Other Finance Options (OPINION)

One way to keep your business moving ahead without jeopardizing your operating capital is to consider equipment leasing.

How Long Will Your CPA Be Around? (OPINION)

With about 10,000 baby boomers retiring each day, accounting firms need business transition plans.

Porterfield Opening Accounting Office in Fayetteville

Tom Porterfield, owner of the Harrison-based firm, says the pull of Northwest Arkansas was just too strong to ignore.

Local Professionals Talk Tips For Tax Season

Small business owners should be organized and stay in touch with their CPA throughout the year.

Frost PLLC Named to Inside Public Accounting Top 200 List

The Little Rock-based firm, which also has an office in Fayetteville, had revenue of $22.5 million in its most recent fiscal year.

Razorback Luxury Suites Take in Estimated $5.8M

Tyson Foods Inc. of Springdale heads the list of big spenders who licensed luxury suites at both Donald W. Reynolds Razorback Stadium and Bud Walton Arena this year. Twenty-one companies and…

Trial Set for Tontitown Property’s Annexation into Springdale

First Security Bank of Searcy will be in court Sept. 22 to see if its 38-acre foreclosure on U.S. 412 in Tontitown will be cleared for annexation into Springdale.

Former Fayetteville Businessman Sentenced For Swindling Bank

Andrew C. Judkins, convicted in March of two counts of bank fraud, was sentenced to a year in prison and ordered to pay a $438,500 fine.

Arvest Bank Announces Staff Changes in Mortgage Division

Matt Kendall has been promoted to executive director of mortgage operations, and Kathleen Craig has been hired to take his place as director of mortgage production operations.

Arkansas Banks Lead Way in 2Q ROA

The average return on assets of Arkansas banks dropped slightly to 1.20 percent in the second quarter, but is still the top performer in the U.S. Federal Reserve Banks Eighth District.

Report: Multifamily Vacancy Rates At Record Low

Arvest Bank releases first-half 2015 Skyline Report results.

H. Dennis Smiley Pleads Guilty to Bank Fraud

The former president of Arvest BankBenton County faces up to 30 years in prison and a $1 million fine for duping up to 20 banks by pledging his personal Arvest stock as collateral.

Buddy Philpot Resigning From Walton Family Foundation

The longtime executive director plans to continue working at Walton Enterprises, a holding company of the Walton family.

Stuttgart Lender To Acquire The Bank of Fayetteville

Farmers & Merchants Bank CEO: Entering the Northwest Arkansas market will provide the opportunity to diversify.

BOZ Earns High Marks in Performance Study

Little Rock-based lender Bank of the Ozarks Inc. ranked first among mid-sized banks nationally in a recent survey tracking profitability, asset quality and capital strength.

Tokusen USA to close Conway plant, exit U.S. market

Energy association appoints Ebony Mitchell to external affairs role

Landreaux, Hegeman to chair State Chamber, AIA in 2025

A 2025 cybersecurity forecast